May 23, 2013 10:28 AM ET

Electric Utilities

Company Overview of Constellation NewEnergy, Inc.

Company Overview

Constellation NewEnergy, Inc. supplies electricity, natural gas, and energy-related services to commercial, industrial, and institutional customers in North America. Its products and services include mechanical/electrical upgrades, on-site generation, utility data mining, commodity consulting, government contracting, measurement and verification, and finance and billing options. Constellation NewEnergy, Inc. was formerly known as AES NewEnergy, Inc. The company was founded in 1995 and is based in Baltimore, Maryland with additional offices in the United States and Canada. Constellation NewEnergy, Inc. operates as a subsidiary of Constellation Energy Partners LLC.

100 Constellation Way

Suite 1200C

Baltimore, MD 21202

United States

Founded in 1995

Phone:

410-783-2800

Fax:

410-783-2859

www.newenergy.com

Key Executives for Constellation NewEnergy, Inc.

President
Chief Operating Officer
Age: 48
Managing Director of Operations
Senior Vice President of Products & Pricing
Vice President
Age: 63
Compensation as of Fiscal Year 2012.

Constellation NewEnergy, Inc. Key Developments

Constellation NewEnergy, Inc. Wins Share of $7 Billion Federal Contract by the U.S. Army Corps of Engineers

Constellation NewEnergy Inc. was awarded a share of a $7 billion federal contract by the U.S. Army Corps of Engineers, Huntsville, Ala., for the supply of energy from renewable and alternative energy production facilities that are designed, financed, constructed, operated and maintained by private sector entities on private land under the jurisdiction of the Department of Defense. ECC Renewables LLC, Burlingame, Calif.; Enel Green Power North America Inc., Andover, Mass.; LTC Federal LLC, Detroit; and Siemens Government Technologies, Arlington, Va., shared in the award amount.

Constellation NewEnergy, Inc., Enel Green Power North America, Inc., LTC Federal, LLC, Siemens Government Technologies, Inc and ECC Renewables, LLC Win $7 Billion Renewable Energy Contract

The U.S. Army Corps of Engineers, Engineering and Support Center, Huntsville, working with the Army Energy Initiatives Task Force (EITF), awarded the Indefinite Delivery Indefinite Quantity (IDIQ) Multiple Award Task Order Contracts (MATOC) for the first technology under this contract to support renewable energy on Defense Department installations. Individual MATOC awards are being staggered by technology starting with today's announcement for geothermal. Announcement of awards for the remaining technologies, solar, wind and biomass, are anticipated for staggered release through the end of calendar year 2013. The total amount for all awards under the Renewable and Alternative Energy Power Production for DoD Installations MATOC will not exceed $7 billion. The MATOC will be used to procure reliable, locally generated, renewable and alternative energy through power purchase agreements (PPA). The $7 billion capacity would be expended for PPAs to procure energy over a period of 30 years or less from renewable energy plants that are designed, financed, constructed, operated and maintained by contractors using private sector financing. The five companies awarded contracts for use in competing and awarding PPA task orders using geothermal technology are Constellation NewEnergy, Inc., Baltimore, Md.; ECC Renewables, LLC, -- Burlingame, Calif.; Enel Green Power North America, Inc. -- Andover, Mass.; LTC Federal, LLC, Detroit, Mich.; and Siemens Government Technologies, Inc., Arlington, Va. The contracts provide a three-year base with seven one-year options, for a total ordering period of 10 years. Having these contracts in place will expedite the acquisition process for future projects.

Constellation NewEnergy, Inc. Wins $11,069,854 Federal Contract

Constellation NewEnergy Inc., was awarded an $11,069,854 federal contract by the Defense Logistics Agency Energy, Fort Belvoir, Va., for electricity for the U.S. Army and federal civilian agencies.

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