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What is 'Pawn Your Diamond'?
'Pawn Your Diamond' offers the community information
about the Fortune 500 companies.
Why the name?
The aim behind our name is to give young
entrepreneurs the incentive to start from scratch with
the hope that this small money they got from pawning a
diamond they had aside, grows and flourishes into a
multi billion dollar corporation.
Too dreamy?
Simply NOT. Such famous corporations did not exist
forever. Each and every foundation did start somewhere
and usually had one or a few founding members. So grab
the general concept and work hard!
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Fortune 500 - Spot Number 167
Company Information
Name: Constellation Energy Group
Industry: Electric Utilities
Description: Constellation Energy Group, Inc. is a holding company whose businesses consist primarily of a domestic merchant energy business focused mostly on power marketing and merchant generation in North America, and Baltimore Gas and Electric Company (BGE), a regulated electric and gas public utility distribution company. The Company's domestic merchant energy business includes the operations of Constellation Power Source Holdings, Calvert Cliffs Nuclear Power Plant, Inc., and Constellation Nuclear, LLC.
Financial Summary: CEG is a holding company for a group of energy businesses focused on wholesale power marketing, merchant generation and portfolio management, and the Baltimore Gas and Electric Company, a regulated gas and electric delivery company. For the 6 months ended 6/30/05, revenues rose 23% to $7.18B. Net income from cont. ops. rose less than 1% to $239.3M. Results reflect growth in Merchant Energy segment, partially offset by higher purchased fuel and energy costs.
Business Summary: Constellation Energy Group Inc. is a North American energy company, which includes a merchant energy business and the Baltimore Gas and Electric Company (BGE), a regulated electric and gas public utility in central Maryland. It has four operating segments: merchant energy, regulated electric, regulated gas and other nonregulated. Its merchant energy business is a provider of energy solutions. It also has other non-regulated businesses, which design, construct and operate heating, cooling and cogeneration facilities for commercial, industrial and governmental customers throughout North America, provide home improvements, service heating, air conditioning, plumbing, electrical and indoor air-quality systems, and provide natural gas to residential customers in central Maryland. It also has several investments, including financial investments, real estate projects, and interests in a Panamanian distribution facility and in a fund that holds interests in two South American energy projects.
Misc Details
Symbol: CEG
City: Baltimore
State: MD
ZIP Code: 21202
Address: 750 East Pratt Street
Phone: 410-783-2800
Fax: N/A
Website: http://www.constellationenergy.com
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