SOURCE: Industrial Info Resources

Industrial Info Resources

February 07, 2011 05:40 ET

Constellation Endures Rough Fourth-Quarter, Full-Year 2010, but Sees Bright Future in Energy Market, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - February 7, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Constellation Energy Group Incorporated (NYSE:CEG) (Baltimore, Maryland), a leading U.S. supplier of power, natural gas and energy products, faced a challenging fourth-quarter and full-year 2010 as mark-to-market losses and impairment charges on investments weakened earnings from the company's utilities. However, these investments significantly increased the company's generation capacity, such as in clean generation, which saw 36 megawatts of solar power added.

Industrial Info is tracking 18 active Constellation projects in the U.S. that are worth a total of more than $10.4 billion, including the $30 million construction of the Denver International Airport Solar Plant in Colorado. For more information, visit Industrial Info's North American Power Project Database.

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