Constellation Energy Group Plans Over 15,000 Megawatts of ,
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BW2009  JAN 14,2002       2:05 PACIFIC      05:05 EASTERN


( BW)(TX-INDUSTRIAL-INFO-RES) Constellation Energy Group Plans Over
15,000 Megawatts of Generating Capacity, in an Advisory by
Industrialinfo.com

    Business Editors & Energy Writers

	   HOUSTON--(BUSINESS WIRE)--Jan. 14, 2002--Researched by
Industrialinfo.com (Industrial Information Resources, Incorporated;
Houston, Texas). Constellation Energy Group (NYSE:CEG) (Baltimore,
Md.), a Private Energy Producer (PEP), has over 15,000 mega-watts (MW)
of generating capacity in late stage development, under construction,
or operating in the United States.
	   Formed in 1999, CEG is a holding company whose subsidiaries
include energy-related businesses focused on power marketing, merchant
generation, and nuclear license renewal services in North America. CEG
also encompasses Baltimore Gas and Electric (BGE), which provides
service to more than 1.1 million electric customers and some 570,000
natural gas customers in Central Maryland.
	   CEG is engaged in diversified energy service businesses through
several wholly-owned subsidiaries: Constellation Power Source,
Constellation Nuclear Group, Constellation Energy Source, and BGE Home
Products & Services. Constellation also has two other subsidiaries,
Constellation Investments and Constellation Real Estate.
	   Constellation Energy Group had $3.9 billion in revenues in 2000
and assets of $12.4 billion as of December 31, 2000. They currently
have approximately 9,000 employees, of which roughly 6,400 are
employed by the utility businesses.
	   Industrialinfo.com provides daily news related to the industrial
market place including industry alerts and databases for the energy
and industrial markets. For more information on trends and upcoming
construction activities for the Energy and Power markets as well as
other industrial sectors send inquiries to
powergroup@industrialinfo.com or visit us at www.industrialinfo.com or
www.iirenergy.com.

    --30--AS/na*

    CONTACT: Industrial Information Resources Inc., Houston
             Britt Burt, 713/783-5147
             www.industrialinfo.com

    KEYWORD: TEXAS CALIFORNIA MARYLAND
    INDUSTRY KEYWORD: ADVERTISING/MARKETING ENERGY OIL/GAS UTILITIES
    SOURCE: Industrial Information Resources Inc.

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