Constellation to supply electricity to U.S. government sites

Constellation Energy Group (NYSE: CEG) has been awarded three new General Services Administration (GSA) electricity supply and renewable energy contracts in five states.

The new contracts cover agencies in New York, including the United Nations building, Connecticut, New Hampshire, Rhode Island and Pennsylvania.

Constellation announced last year it had signed a three-year contract with the GSA to supply 1.72 million MWh of electricity per year to federal sites that include the U.S. Capitol, Kennedy Center, Smithsonian Institution, GSA and the Federal Reserve, as well as the departments of Justice, Labor, Interior, Transportation and Treasury. All GSA contracts are subject to federal competitive bid requirements.

That GSA contract followed the March 2011 announcement that Constellation signed an Energy Savings Agreement (ESA) with the U.S. Department of State that will contribute to President Obama's executive order to reduce federal-wide greenhouse gas (GHG) emissions. The State Department and part of the White House campus expect to reduce GHGs associated with electricity use by approximately 30 percent to 35 percent by December 2012 and during the term of the ESA.

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