We are North Americas largest competitive provider of power to wholesale, commercial, industrial and public-sector customers, one of the top gas marketers and a leading supplier of coal to customers around the world. Our customers include more than two-thirds of the FORTUNE 100 companies, as well as some of the worlds largest producers and consumers of power, natural gas, oil and coal. We own a diverse fleet of power plants and are a leader in the potential development of new nuclear plants in the U.S. Through our regulated utility, Baltimore Gas and Electric, we deliver electricity and natural gas to customers in Central Maryland.

Our vision is to be the first-choice provider for customers seeking energy solutions in the complex and changing energy marketplace.

Constellation Energy is...
* A Fortune 125 competitive energy company based in Baltimore. * The nations largest supplier of competitive electricity to large commercial and industrial customers. * The nations largest wholesale power seller. * A major generator of electricity with a diversified fleet of power plants strategically located throughout the United States. * A regulated distributor - our Baltimore Gas and Electric utility - of electricity and natural gas in Central Maryland. Our foundational values - integrity, teamwork, social and environmental responsibility, and customer focus - guide our actions. Our performance values - speed, accountability, passion for excellence, and creation of value - measure our results. 2007 Highlights * Provided a 52 percent total return to shareholders, assuming reinvestment of dividends. * Earned $4.60 per share, excluding special items and non-qualifying hedges, up 27 percent from $3.61 per share in 2006. * Grew revenues to $21 billion.