Press Releases

News Release -December 18, 2008

NRC Dockets UniStar Application for Proposed New Reactor in New York State

Regulatory milestone and EDF investment in Constellation Energy Nuclear Group Bolster UniStar Nuclear Energy Plans for Four New U.S. Reactors

UniStar Advances Loan Guarantee Application for Potential New Maryland Reactor

BALTIMORE, Dec. 18, 2008 – UniStar Nuclear Energy (UNE), a strategic joint venture of Constellation Energy (NYSE: CEG) and EDF Group, today announced that the U.S. Nuclear Regulatory Commission (NRC) has docketed three of four combined license (COL) applications developed by UniStar and its partners for new nuclear plants in the United States.
The regulatory milestones were followed Wednesday by EDF and Constellation Energy’s announcement they had reached a definitive investment agreement for EDF Development Inc. to acquire 49.99 percent interest in Constellation Energy Nuclear Group (CENG) for $4.5 billion. CENG operates five reactors at three locations in New York and Maryland.

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