Constellation winds up sale of troubled operations
Baltimore Sun -- March 31, 2009
Commodities trading units nearly pulled energy company into bankruptcy

Constellation Energy cancels executive payouts to keep EDF deal on track
Baltimore Business Journal -- March 21, 2009
Constellation Energy Group Inc. has canceled plans to pay $32 million in payouts to employees as part of its deal with French utility EDF Group.

EDF cites French regulations for 39 percent decline in earnings
Wall Street Journal - February 13, 2009
State-controlled utility Electricité de France SA posted a sharp drop in 2008 earnings, blaming French regulations that require it to sell some of its electricity at below-market prices.

EDF profits plunge in 2008 as nuclear expansion continues
Monsters and Critics - February 12, 2009
State-owned French energy supplier EDF saw its profits fall by nearly 40 per cent in 2008 as it continued to expand its nuclear energy division abroad, the company said on Thursday.

Bill seeks to give PSC power to approve Constellation deal
Baltimore Sun - February 10, 2009
Maryland lawmakers introduced legislation yesterday that would give the state's chief energy regulator the power to approve Constellation Energy Group's proposed nuclear-power venture with France's largest utility, adding a regulatory hurdle to the deal.

Biggest winner in Constellation deal is Buffett
Baltimore Sun- December 18, 2008
"Warren Buffett loses out to the French" was the gist of several headlines yesterday on Electricite de France's deal to invest $4.5 billion in Constellation Energy Group.

What does the sale mean?
Baltimore Sun- December 18, 2008
The relationship between Warren Buffett and Constellation Energy Group was brief, but he is not walking away empty-handed. Among other things, he will receive $593 million in cash for helping Constellation avert a possible bankruptcy in September.

French firm EDF charts future in Maryland
Baltimore Sun- December 18, 2008
The deal that rescued Constellation Energy Group Inc. yesterday from extinction, ensuring for now a Baltimore future for one of the city's major corporate headquarters, will also lead to the arrival of a new corporation in Maryland with plans to foster an American "renaissance" in the development of nuclear power.

Constellation headquarters staying in Baltimore
Baltimore Sun- December 18, 2008
Constellation Energy Group Inc. revived its future as an independent, Baltimore-based company yesterday, calling off its takeover agreement with billionaire investor Warren E. Buffett in favor of a $4.5 billion investment from France's largest utility.

EDF Wins Battle Over Constellation, Buys Stake in Plants
The Washington Post- December 18, 2008
The fight over the fate of Constellation Energy Group ended yesterday with a big French utility agreeing to pay $4.5 billion for a half interest in the company's nuclear power plants and a Midwest utility controlled by Warren Buffett getting $593 million in cash plus a 10 percent stake in Constellation to drop its takeover bid.

Constellation reaches deal with French
Baltimore Examiner- December 18, 2008
Constellation Energy Group will stay alive as an independent company, reaching an investment deal Wednesday with French firm Electricite de France that caps a roller coaster few months for Baltimore's biggest company.

EDF's offer appears to have a shot
Baltimore Sun- December 10, 2008
Electricite de France's proposal to invest $4.5 billion in Constellation Energy Group's nuclear-generation business looks like it has a shot.

CEG to ponder new bid: French company's unsolicited offer seeks half of Constellation's nuclear business
Baltimore Sun- December 9, 2008
Constellation Energy Group, which agreed to sell itself to Warren Buffett's MidAmerican Energy Holdings Co. three months ago in the midst of a financial crisis, said yesterday that it will begin talks with its largest shareholder about its unsolicited alternative bid to acquire half of the Baltimore energy company's nuclear business.

EDF blunts Buffett energy bid
Financial Times- December 8, 2008
Warren Buffett’s $4.7bn bid for Constellation Energy was dealt a blow on Monday as directors of the US energy group agreed to open talks with EDF of France on a rival $4.5bn offer for just half of its nuclear business.

Constellation Isn't Breaking Up With Buffett Yet .. But Plans To Talk With Rival Suitor
CNBC- December 8, 2008
Constellation Energy is not calling off its planned marriage to Warren Buffett's MidAmerican Energy Holdings ... yet.

State works on layoff plan with Constellation Energy
Baltimore Examiner- December 5, 2008
State leaders have reached out to Constellation Energy, Gov. Martin O’Malley said Thursday, hoping to soften the blow of more than 800 jobs the Baltimore company plans to cut from its payroll through next year.

Rating agencies review Constellation: Competing offers for all or part of
Baltimore-based company could change outlook for its stability
The Baltimore Sun- December 5, 2008
Wall Street's three major credit-rating agencies said yesterday that they are studying the latest twist in Constellation Energy Group's pending sale to decide whether changes should be made to the Baltimore company's bond ratings, a source of concern that helped push it to seek buyers this summer.

Fired Constellation workers will have some job options
The Maryland Daily Record- December 4, 2008
As Constellation Energy Group Inc. looked to reshape its business, the company announced job cuts that could reshape the careers of some of its employees.

Wall Street, Md. officials assess Constellation Energy bids, job cuts
Baltimore Business Journal- December 4, 2008
Dueling offers for Constellation Energy Group and news of job cuts at the Baltimore energy giant prompted jitters on Wall Street and in Maryland Thursday.

A French Twist for Constellation Energy
The New York Times- December 4, 2008
Électricité de France is back with a second bid for Constellation Energy.

French power company tops Warren Buffett in Constellation Energy bid
Chicago Tribune- December 4, 2008
France's government-controlled power company challenged a proposed takeover by Warren Buffett of Constellation Energy Group Inc., putting up almost as much money for half of its nuclear business as the legendary investor had offered for the entire company.

Late challenge to $4.7B bid for Constellation
Associated Press- December 3, 2008
France's state-controlled power company challenged a proposed takeover by Warren Buffett of Constellation Energy Wednesday, putting up almost as much money for half its nuclear business as the legendary investor had offered for the entire company.

French power company in hunt for Constellation
Associated Press- December 3, 2008
A $4.5 billion bid Wednesday by France's state-controlled power company for reactors in Maryland and New York could lead to the only foreign ownership stake in U.S. nuclear plants.

Constellation Energy Group to cut 8% of global work force
Baltimore Business Journal- December 3, 2008
Constellation Energy Group Inc. will cut 8 percent of its global work force over the next year.

Constellation Energy Group warns of dire future if sale vote fails
Baltimore Business Journal- December 2, 2008
Constellation Energy Group said Tuesday it will lose $1.4 billion in cash and may struggle to stay in business if shareholders don’t approve its $4.7 billion pending sale later this month.

Constellation Energy shareholders to vote Dec. 23 on sale
Baltimore Business Journal- November 25, 2008
Constellation Energy Group Inc. shareholders will have a chance to vote on the company’s $4.7 billion sale to MidAmerican Energy Holdings Co. on Dec. 23.

EU approves MidAmerican deal to buy Constellation
Baltimore Business Journal- November 24, 2008
The buyout of Constellation Energy Group Inc. (NYSE: CEG) is a step closer to being a done deal.

Constellation continues leadership overhaul
The Baltimore Examiner- November 23, 2008
Management shake-ups continued at Constellation Energy as the company announced three key promotions Friday, part of its plan to overhaul its financial leadership ahead of a $4.7 billion merger with Mid-American Energy Holdings Co.

Constellation Energy Group closes $1.2B credit facility
Baltimore Business Journal - November 14, 2008
Constellation Energy Group closed a $1.23 billion credit facility Friday to help reduce its exposure to risk in a turbulent financial market.

Two top Constellation executives resign
Baltimore Sun - November 11, 2008
“Constellation Energy Group shook up its leadership ranks Tuesday, announcing the departure of two top executives overseeing its competitive energy businesses, including the commodities trading unit, and it appointed an insider to lead those operations.”

Constellation Energy Group swings to loss
Washington Business Journal- November 7, 2008
The nation’s financial meltdown and credit crunch have sapped power from Baltimore-based Constellation Energy Group Inc. after nearly a year of surging profits.

Constellation defends plan, expects vote in Dec. or Jan.
The Maryland Daily Record - November 6, 2008
Constellation Energy Group Inc. defended its merger plans during an earnings conference call Thursday and said it expects a shareholder

Feds approve Constellation sale
Baltimore Business Journal - November 3, 2008
Federal regulators on Monday said MidAmerican Energy Holdings Inc.’s deal to buy Baltimore’s Constellation Energy Group Inc. does not violate antitrust laws, clearing the $4.7 billion sale of one potential hurdle.

IBEW

Constellation Energy Group

MidAmerican Energy Holdings Co.