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CEG Constellation Energy Grp. Common Stock

37.23
0.00 (0.00%)
26 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Constellation Energy Grp. Common Stock NYSE:CEG NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 37.23 0.00 01:00:00

Wynright Extends Green Commitment with Renewable Energy Certificates from Constellation Energy

27/04/2012 8:33pm

Business Wire


Constellation Energy (NYSE:CEG)
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Wynright Corporation, a leading independent, U.S.-based provider of intelligent material handling systems, announced today that it has entered into a contract with Constellation Energy (NYSE: CEG) to purchase Renewable Energy Certificates (RECs) to match 10 percent of its electricity use at two facilities through March 2015.

The RECs supplied by Constellation Energy are Green-e Energy Certified and sourced from wind energy facilities located throughout the United States. Throughout the term of the contract, 10 percent of the electricity Wynright uses at its Elk Grove, IL and Arlington, TX facilities will be matched with RECs.

“Building on our substantial investment in green technologies and our development of sustainable systems for our clients, Wynright is proud to continue its support of energy conservation with Constellation Energy,” said Ken Dickerson, COO of Wynright. “Through the purchase of RECs, Wynright and Constellation Energy are teaming together to support the operation and development of facilities that generate clean, renewable energy that replaces emissions otherwise released through fossil fuel generation.”

Wynright has been an innovative leader in designing and developing intelligent material handling systems that reduce sound levels, extend equipment life, lower maintenance requirements and use less energy. It uses energy-efficient welding, computer-optimized layout and laser-cutting technology that reduce waste, and low-temperature paint application processes that do not have any chemical emissions. Wynright also provides its customers with comprehensive energy audits and LED lights in controls.

Under the Constellation Energy program, each REC represents the positive environmental attributes of 1 megawatt hour (MWh) of electricity generated by a renewable power plant, and is retired on behalf of customers wishing to promote their environmental commitment.

“Constellation Energy is pleased to support the sustainability goals of our customers,” said Michael Smith, senior vice president of green initiatives for Constellation Energy. “Their voluntary actions to help reduce pollution and encourage the use of clean renewable fuels demonstrate a sincere commitment to the environment.”

About Wynright

Wynright Corporation is the nation’s leading independent, U.S.-based provider of intelligent material handling systems. With more than 200 engineers in-house, the company designs, manufactures, integrates and installs the full spectrum of intralogistics solutions, offering both Wynright-branded and third-party equipment to meet customer needs. These include leading-edge conveyor and sortation systems, voice and light directed order fulfillment equipment, a suite of warehouse controls & execution software, robotics, mezzanines, and structures, all backed by critical round-the-clock service and support.

Since its founding in 1972, Wynright has been a trusted partner to some of the world’s largest and fastest-growing companies, showing them how to use their space more efficiently to deliver improved productivity, today and tomorrow. For more information on our services, technology and product portfolio, please visit www.wynright.com.

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.

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