Constellation charitable foundation gets $36 million

December 29, 2009

Constellation Energy Group announced Monday a $36 million contribution by Electricite de France to the company's foundation.

The donation fulfills a commitment made within the nuclear joint venture agreement with the French company, which closed in November. In addition, Constellation will increase its charitable giving to one percent or more of its annual operating income, according to the announcement.

The Constellation Energy Group Foundation supports programs and makes grants to nonprofit organizations in four focus areas: energy, education, economic growth and the environment.

- Liz F. Kay

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