Constellation Energy Group Inc. of Baltimore to sell subsidiary

Daily Record, The (Baltimore), May 16, 2008

Constellation Energy Group Inc., of Baltimore, the nation's biggest competitive supplier of electricity to large commercial and industrial customers as well as the largest wholesale power seller, said it intends to sell its Fellon-McCord & Associates subsidiary, an energy consulting and management company, to co-founder Andrew R.

"Drew" Fellon. Financial terms weren't disclosed. Constellation acquired Louisville, Ky.-based Fellon-McCord in 2003. As part of the agreement, Constellation Energy Group said its Customer Supply Group unit and Fellon-McCord will maintain a strategic alliance to meet the needs of current customers and pursue joint opportunities.