Constellation Energy Corp. (CEG) Company Bio
Constellation Energy Group, Inc. is an energy company, which supplies power, natural gas and energy products and services for homes and businesses across the continental United States. The company operates through the following segments: Generation, NewEnergy, and Baltimore Gas and Electric. The Generation segment develops, owns, and operates electric generation facilities and a fuel processing facility located in various regions of the U.S. This segment also includes an operation that manages certain contractually controlled physical assets, including generating facilities and owns an interest in a joint venture that owns and operates nuclear generating facilities. The NewEnergy segment provides energy-related products and services for a variety of customers and focuses on selling electricity, natural gas, and other energy-related products to serve customers' requirements, and other energy products and risk management services. This segment also manages its upstream natural gas activities designs, constructs, and operates renewable energy, heating, cooling, and cogeneration facilities and provides home improvements, sales of electric and gas appliances, and serves heating, air conditioning, plumbing, electrical, and indoor air quality systems. The Baltimore Gas and Electric segment is a regulated electric transmission and distribution utility business and a regulated gas distribution utility business with a service territory that covers the City of Baltimore and all or part of various counties in Central Maryland. Constellation Energy Group was founded on September 25, 1995 and is headquartered in Baltimore, MD.
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