Green Business Alliance Announces Offering with
Constellation NewEnergy
Boca Raton, FL - May 20, 2008 (News Release)
Green Business Alliance, an organization committed to the integration of
environmental stewardship into daily business practices, today announced
that it has entered into a relationship with Constellation NewEnergy, a
leading competitive supplier of electricity, natural gas and energy-related
services to commercial, industrial and institutional customers throughout
North America. Members and participating businesses in the Green Business
Alliance’s “Greenify” program can purchase Renewable Energy Certificates (RECs)
from Constellation NewEnergy.
“We are very pleased that we have secured this effort with an experienced
player such as Constellation NewEnergy, which has a proven track record of
providing renewable energy for customers of all sizes, including small to
medium-sized business customers,” said Hilary Kusel, Executive Director of
Green Business Alliance. “Offering our members access to a leading industry
provider solidifies the high standards we have developed in our ‘Guidelines
to Greenify’ and simplifies the participation process.”
RECs represent the environmental attributes of one MWh (megawatt hour) of
generation. Companies that purchase RECs are supporting the operation of
facilities that generate renewable energy. Constellation NewEnergy offers a
suite of products that are made up of wind, solar, biomass, landfill and
hydroelectric resources.
“This relationship with Green Business Alliance was a natural fit for
Constellation NewEnergy,” said Carrie Cullen Hitt, vice president of product
management - renewable products for Constellation NewEnergy. “Constellation
NewEnergy and Green Business Alliance are committed to making renewable
energy solutions more accessible to businesses of all types and sizes
throughout the United States.”
About Green Business Alliance
Green Business Alliance has assumed a leading role in enabling businesses to
understand what it means to Go Green, identifying attainable objectives and
then implementing more environmentally responsible business practices. Green
Business Alliance helps companies Greenify for Better Business. Greenifying
a company can help support the environment and can also provide a more
compelling reason for prospective customers to work with the business. The
company is based in Boca Raton, Florida and can be found on the web at
www.greenbusinessalliance.com.
About Constellation NewEnergy
Constellation NewEnergy (www.newenergy.com), a wholly owned subsidiary of
Constellation Energy (NYSE: CEG), is a leading competitive supplier of
electricity, natural gas and energy-related services to commercial,
industrial and institutional customers throughout North America.
Constellation NewEnergy operates in all competitive energy markets
throughout Canada and the United States, providing products that enable
customers to effectively manage and control energy costs. Constellation
NewEnergy’s regional expertise, coupled with its national presence, provides
customers with customized energy products and services while leveraging the
assets of one of the strongest integrated energy companies in North America.
Constellation NewEnergy, based in Baltimore, serves more than 19,000
commercial, industrial and institutional customers throughout 31 states and
three Canadian provinces representing nearly 14,000 megawatts of peak load
and more than 354 billion cubic feet of annual natural gas consumption.
About Constellation Energy
Constellation Energy (www.constellation.com), a FORTUNE 125 company with
2007 revenues of $21 billion, is the nation's largest competitive supplier
of electricity to large commercial and industrial customers and the nation's
largest wholesale power seller. Constellation Energy also manages fuels and
energy services on behalf of energy intensive industries and utilities. It
owns a diversified fleet of 78 generating units located throughout the
United States, totaling approximately 8,700 megawatts of generating
capacity. The company delivers electricity and natural gas through the
Baltimore Gas and Electric Company (BGE), its regulated utility in Central
Maryland. |