Starwood Hotels Use Sterling Planet to Buy Renewable Energy from Constellation NewEnergy

Note the Roles here:
Energy User (Starwood Hotels)
Carbon Broker (Sterling Planet)
Energy Producer (Constellation NewEnergy)

For power for the Republican National Convention.

BALTIMORE, Aug. 30 /PRNewswire-FirstCall/ -- Constellation Energy
(NYSE: CEG) today announced that its subsidiary, Constellation NewEnergy, is
supplying green power to nine Starwood hotel properties in New York City
during this week's Republican National Convention.

The power agreement covers all the Sheraton and W hotels in Manhattan as
well as the St. Regis. Constellation NewEnergy purchased renewable energy
credits from Sterling Planet to meet Starwood's anticipated peak demand during
the convention, approximately 10,054 megawatt hours.

"It's a privilege to be supplying green power to Starwood for this premier
event," said Clem Palevich, president, Constellation NewEnergy. "Like
Starwood, we're committed to environmental stewardship and proud to be a
leader in the green power market."

"Starwood is committed to energy efficiency and proud to participate in
this program with Constellation NewEnergy," said John Lembo, corporate
director of energy. "We are supporters of green power and we'll be
investigating more opportunities as part of our commitment to reducing
negative impacts to the environment."

Mel Jones, president and CEO of Sterling Planet, supported by the New York
State Energy Research and Development Authority, which secured the renewable
energy credits for Constellation NewEnergy, said, "Sterling Planet applauds
this commitment to join the migration to cleaner, renewable energy that is
readily available and locally produced."

Deirdre Lord, vice president for Constellation NewEnergy's New York and
New Jersey region, added, "We've been the power behind Starwood and many of
Manhattan's other marquis properties for many years. It's an honor to be able
to provide green power to Starwood during this week's convention."
Constellation NewEnergy also supplied renewable electricity to Boston's
FleetCenter during July's Democratic National Convention.

Starwood's energy program was recognized by the EPA's Energy Star Program
as an Energy Star partner for 2002 -2003.

Constellation NewEnergy, a member of Constellation Energy, is a leading
competitive supplier of electricity, natural gas and energy related services
to commercial and industrial customers throughout North America. Constellation
NewEnergy operates in all competitive energy markets throughout the United
States and Canada, providing products that enable customers to effectively
manage and control energy costs.

Constellation NewEnergy's regional expertise coupled with its national presence provides customers with customized energy products and services while leveraging the assets of one of the strongest
integrated energy companies in North America.

Constellation NewEnergy, based in Baltimore, serves more than 8,000 commercial and industrial customers
throughout 31 states and 3 Canadian provinces representing more than 9,000 megawatts of peak load and more than 300 billion cubic feet of annual natural gas consumption. Constellation Energy, a Fortune 500 company based in Baltimore, is the nation's leading competitive supplier of electricity to large commercial and
industrial customers and one of the nation's largest wholesale power sellers. Constellation Energy also manages fuels and energy services on behalf of energy intensive industries and utilities. It owns and operates a diversified fleet of 35 power plants in 12 states.

The company delivers electricity and natural gas through the Baltimore Gas and Electric Company (BGE), its regulated utility in Central Maryland. In 2003, the combined revenues of the integrated energy company totaled $9.7 billion.

The Rest @ PRN NEwsWire


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