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November 30, 2015 9:53 PM ET

Electric Utilities

Company Overview of Constellation NewEnergy, Inc.

Company Overview

Constellation NewEnergy, Inc. supplies power, natural gas, renewable energy, and energy management products and services for homes and businesses in the United States. It offers integrated energy solutions, including electricity and natural gas procurement, renewable energy supply, and demand-side management solutions. The company also provides products and services in the areas of electricity, natural gas, energy efficiency, load response, renewable energy, solar systems, and building systems. It serves Fortune 100 companies, as well as residential, public sector, and business customers. Constellation NewEnergy, Inc. was formerly known as AES NewEnergy, Inc. and changed its name to Constell...

100 Constellation Way

Suite 1200C

Baltimore, MD 21202

United States

Founded in 1995





Key Executives for Constellation NewEnergy, Inc.

Chief Executive Officer
Age: 50
Chief Marketing Officer and Senior Vice President
Vice President
Age: 66
Vice President and General Manager of Mid-Atlantic Region
Regional Vice President of Texas Business
Compensation as of Fiscal Year 2015.

Constellation NewEnergy, Inc. Key Developments

Owens Corning and Constellation Announces Completion of 2.4-Megawatt Solar Project

Owens Corning and Constellation announced the completion of a 2.4-megawatt solar generation project at Owens Corning’s headquarters in Toledo. Located above 935 parking canopy spaces, the solar installation is currently one of in the Midwest and supports Owens Corning’s newly expanded goals aimed at reducing its environmental footprint. Having met its 2020 sustainability goal for greenhouse gas emissions, Owens Corning has increased its greenhouse gas intensity reduction target from 20% to 50% of its 2010 baseline. Constellation financed, built, owns and maintains the solar power system. Electricity generated by the system is purchased by Owens Corning under a 20-year power purchase agreement with Constellation. Owens Corning retains all environmental attributes, including Class I SRECs, for the system. Additionally, the parking canopy solar installation is equipped with two electric vehicle charging stations, which can charge up to four vehicles at a time. The solar power system is comprised of approximately 8,000 photovoltaic panels. The system is expected to generate 3 million kilowatt-hours of electricity per year (based on first year production). Constellation currently owns and operates more than 300 megawatts of distributed energy projects that have been completed or are under construction for commercial and government customers throughout the United States. Constellation offers distributed energy solutions, including solar, cogeneration, backup generation, fuel cells, and battery storage, that may require no upfront capital from customers and may provide fixed power costs that are less than projected market rates.

Constellation NewEnergy Inc. Wins $1.5 Billion Task Order

Constellation NewEnergy Inc. was awarded a share of a $1.5 billion firm-fixed-price task order by the U.S. Army Corps of Engineers, Huntsville, Alabama, for the design, construction and operation of energy savings projects.

Constellation NewEnergy, Inc. Wins $167.9 Million Federal Contract

Constellation NewEnergy Inc. announced that it has was awarded a $167,905,405 federal contract by the Defense Logistics Agency Energy, Fort Belvoir, Virginia, for electricity and ancillary services for the U.S. Army, U.S. Navy, U.S. Marine Corps and federal civilian agencies.

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