BUSINESS
By Jay Hancock | October 17, 2010
When Constellation Energy Group and EDF Group teamed up three years ago, the economy was riding high, and so were they. Rising energy prices and a growing economy prompted them to propose the once unthinkable: developing, building and operating the first new U.S. nuclear energy plant in three decades. EDF, owned by the French government and operator of one of the largest fleets of nuclear plants in the world, would gain prestige and profit by bringing its expertise to America through the companies' UniStar joint venture.
NEWS
By Frank D. Roylance, The Baltimore Sun | January 30, 2011
Baltimore's Inner Harbor will look a little bare this week after two of its premier attractions — the submarine Torsk and the 1854 sloop of war Constellation — are towed away for a month of repairs in dry dock. The Torsk will be the first to go as tugs move in around 9 a.m. Sunday to escort the World War II veteran down the harbor to the Sparrows Point Shipyard. The Constellation will follow at about 9 a.m. on Monday, according to Chris Rowsom, executive director of Historic Ships in Baltimore, part of the Living Classrooms Foundation and the ships' caretaker.
BUSINESS
By Hanah Cho and Hanah Cho,hanah.cho@baltsun.com | September 16, 2008
Constellation Energy Group worked to reassure Wall Street yesterday that its wholesale energy and credit relationships with Lehman Brothers will not have a "material adverse effect" on the Baltimore company, which saw its shares lose 18 percent amid a broader market sell-off. Constellation's stock closed down $10.38 to $47.99 on the New York Stock Exchange. Even though Constellation conducts energy deals with Lehman, the New York investment banking company that entered bankruptcy proceedings yesterday does not owe it a substantial amount of money, according to a document filed with the Securities and Exchange Commission after financial markets closed yesterday.
BUSINESS
By Hanah Cho and Hanah Cho,hanah.cho@baltsun.com | January 17, 2009
State energy regulators will investigate whether Constellation Energy Group's proposed nuclear-power venture with France's largest utility would have enough impact on the region's regulated utility, Baltimore Gas & Electric Co., to require their approval of the deal. The Public Service Commission concluded yesterday that the company's proposal with Electricite de France raises questions about the potential impact on BGE and its ratepayers, including whether EDF's ownership of Constellation preferred stock places "substantial influence" over the company and BGE's operations.
NEWS
August 29, 2003
PACIFIC CORAL REEFS. Spencer Tracy. Cloudscapes. R. Buckminster Fuller. The Chinese Year of the Monkey. Lewis and Clark. Sickle cell anemia. The Constellation. What do the above have in common? (No, this is not a question rejected by the writers of Who Wants to be a Millionaire.) Answer: A 37-cent commemorative stamp to be issued next year by the U.S. Postal Service. The service's Citizen Advisory Committee, a 15-member panel that prefers to keep its deliberations private, chooses the stamps from thousands of requests.
ENTERTAINMENT
By SLOANE BROWN | March 25, 2001
- Sloane Brown Benefit for Constellation Maybe Mother Nature just wanted the crew of the USS Constellation to feel at home by surrounding them with water - again. Here it was, "The Second Annual St. Patrick's Day Blast" benefiting the ship from the Civil War era. And, for the second straight year, it was raining. But that didn't keep any of the 155 guests from having a good time inside The Brass Elephant Restaurant. They drank a little Irish whiskey, nibbled on Irish and Italian fare, and enjoyed Irish music.