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AOBA Alliance Inc. and Washington, D.C., Restaurant Association Align to Expand Benefits of Constellation Energy Competitive En

^{Published on 2011-04-02 06:46:09 - Market Wire}
 

BALTIMORE--([ BUSINESS WIRE ])--Constellation Energy (NYSE: CEG), a leading competitive electricity and natural gas supplier, today announced it will extend its competitive energy supply to Washington, D.C., area restaurants through an agreement with the AOBA Alliance Inc. (the Alliance) and Restaurant Association Metropolitan Washington (RAMW).

"We are always on the lookout for new benefits for our members and are excited to be partnering with AOBA and Constellation Energy"

The Alliance, a subsidiary of the Apartment and Office Building Association of Metropolitan Washington, one of the nationa™s largest customer-based energy aggregation groups, and RAMWhave signed a Memorandum of Understanding enabling about 700 restaurants and affiliated businesses in Washington, Maryland and northern Virginia to take advantage of energy services that Constellation Energy offers AOBA. In addition to electricity and natural gas, Constellation Energy offers affordable renewable energy products that help businesses meet sustainability goals.

aWe are pleased to have the Restaurant Association Metropolitan Washingtona™s endorsement of the Alliance, who, through its relationship with Constellation Energy, will be its energy provider,a said Frann Francis, senior vice president and general counsel for the Alliance. aThe Alliance welcomes the opportunity to assist members of RAMW with procuring electric and natural gas energy supply and other energy related services from Constellation, as well as have RAMW share in the benefits of our expertise and customer representation.a

aWe are always on the lookout for new benefits for our members and are excited to be partnering with AOBA and Constellation Energy,a said RAMW President Lynne Breaux. aWe look forward to working closely with them in the future.a

aConstellation Energy welcomes this innovative extension of AOBAa™s collective energy buying power to share energy savings with hundreds of restaurants in the Washington area,a said Mark Huston, managing director of retail energy for Constellation Energy. aWe look forward to delivering the same high level of customer service and streamlined energy procurement to area restaurants that we have been providing AOBA for the past year.a

The Alliance announced in February 2010 that it had selected Constellation Energy as its new energy service provider, giving the Alliance access to Constellationa™s resources and expertise. Constellation Energy is the supplier chosen by two-thirds of Fortune 100 businesses, offering such energy service options as energy efficiency projects, installation of on-site solar generation and demand response programs that financially compensate businesses for reducing electricity usage at times of peak demand.

About the AOBA Alliance, Inc.

The AOBA Alliance ([ www.aobaalliance.com ]), a subsidiary of the Apartment and Office Building Association of Metropolitan Washington, one of the largest customer-based energy aggregation groups in the U.S., offers the Washington region's building owners and managers the opportunity to assert their collective buying power to achieve savings in the procurement of energy and energy-related services. Since its inception in 2000, the AOBA Alliance has saved participants over $500 million in electric and natural gas costs.

About the Restaurant Association Metropolitan Washington

Established in 1920, the Restaurant Association Metropolitan Washingtona™s vision was to unite restaurateurs and food service industry professionals of the Washington area. Today, RAMW, a trade association, has more than 700 members in Washington, D.C., northern Virginia and Maryland and serves as the voice of establishments ranging from casual eateries to internationally acclaimed fine dining restaurants. For over 90 years, RAMW has been "fighting for the right to eat, drink and be merry, hospitably, responsibly and profitably®.a For more information, go to [ www.ramw.org ].

About Constellation Energy

Constellation Energy ([ www.constellation.com ]) is a leading competitive supplier of power, natural gas and energy products and services for homes and businesses across the continental United States. It owns a diversified fleet of generating units, totaling approximately 12,000 megawatts of generating capacity, and is a leading advocate for clean, environmentally sustainable energy sources, such as solar power and nuclear energy. The company delivers electricity and natural gas through the Baltimore Gas and Electric Company (BGE), its regulated utility in Central Maryland. A FORTUNE 500 company headquartered in Baltimore, Constellation Energy had revenues of $14.3 billion in 2010.