News Release —June 5, 2008

NRC Accepts Remainder of UniStar Combined License Application

Action Sets Stage for Detailed Review of Safety Analysis for Potential New Reactor in Southern Maryland

BALTIMORE, June 5, 2008 – UniStar Nuclear Energy, LLC (UNE), a strategic joint venture between Constellation Energy (NYSE: CEG) and the EDF Group, today announced that the U.S. Nuclear Regulatory Commission (NRC) has accepted the remainder of UniStar’s Combined License (COL) application for an advanced design reactor in southern Maryland.

The NRC action means the second portion of UniStar’s application, which includes the final safety analysis report, is technically complete and ready for detailed NRC review. UniStar submitted the documents in March 2008.

“The NRC acceptance represents another significant milestone in UniStar’s plans to develop and deploy a potential fleet of advanced nuclear plants in the United States,” said George Vanderheyden, president and chief executive officer of UniStar.

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(4-04-08)


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UniStar Nuclear Energy Notifies NRC That It Has Identified Constellation Energy Site in New York State for New Reactor License Application (2-12-08)

UniStar Engages AREVA-Bechtel Consortium to Begin Development of Detailed Design Engineering for U.S. EPR (2-4-08)

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UniStar Nuclear Energy Congratulates AREVA on Design Certification Submittal for U.S. EPR (12-11-07)

UniStar Nuclear Energy Seeks Maryland Public Service Commission Approval for New Nuclear Facility at Calvert Cliffs (11-15-07)

UniStar Selects Alstom to Supply Arabelle Turbines for New U.S. Nuclear Plants (11-13-07)

UniStar Nuclear Energy Names President and Chief Executive Officer, Other Officers (10-18-07)

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UniStar Nuclear Names Industry Executive Vice President, Sales and Marketing (5-16-07)

UniStar Nuclear Identifies Constellation Energy’s Calvert Cliffs as Site For First Potential New Nuclear Power Plant (4-30-07)

UniStar Nuclear Signs Contract with AmerenUE to Prepare Combined Construction and Operating License Application (4-5-07)

UniStar Nuclear Accelerates its Pace for Early Reviews by the NRC (8-15-06)

UniStar Companies First to Procure Components for First Potential Nuclear Power Plant in Nearly Three Decades (8-3-06)

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New UniStar Executives Drive Toward New Nuclear Power Plants (4-18-06)

UniStar Nuclear Announces Members of Advisory Board (3-9-06)

UniStar Nuclear Names Seasoned Nuclear Executive as President (12-8-05)

Constellation Energy Seeks Combined Construction and Operating License From Nuclear Regulatory Commission (10-27-05)

Constellation Energy and AREVA Join Forces to Introduce New and Unique Business Model for the Future of American Nuclear Power (09-15-05)

In the News
(Note that some may require login or fee)

 
UNISTAR NUCLEAR ENERGY LLC (Baltimore) -- George Vanderheyden was named president and chief executive of this joint venture... (Wall Street Journal - 10-22-07)

Constellation's UniStar Nuclear Names Vanderheyden President, CEO (CNN Money - 10-18-07)

Constellation-EDF Venture Planning Four Reactors (Trading Markets - 10-8-07)

Federal loan guarantees for nuclear development should help Constellation Energy, investors (Baltimore Examiner - 10-7-07)

Constellation Venture Makes NRC Quality Assurance Filing (WBAL Channel.com - 8-16-06)

Nuclear Power Venture Orders Crucial Parts for Reactor (New York Times - 8-4-06)

Constellation, Areva in U.S. nuke procurement deal (Reuters - 8-3-06)

Mount Vernon’s BWX Technologies involved in reestablishing commercial nuclear power plan manufacturing (WFIE NBC-TV, Evansville, IN - 8-2-06)

Nuclear Plant Work Is Headed for Indiana (Associated Press - 8-1-06)

AREVA, BWXT teaming up (Lynchburg News & Advance - 8-1-06)

Constellation tabs exec to lead nuclear power projects (Baltimore Business Journal - 12-7-05)

Baltimore Energy Company Seeking Right to Build Reactor (New York Times - 10-28-05)

Constellation plans to file for reactor (Baltimore Sun - 10-28-05) — Note: Archive no longer available.

Grand Gulf, Bellefonte and River Bend chosen for COL applications (Nuclear Engineering - 09-24-05)

A new venture toward more nuclear power (The News & Advance - 09-23-05)

New Venture Will Consider Reactor at Power Plant (Washington Post - 09-18-05)

Partnership Formed to Build Nuclear Plants (New York Times - 09-16-05)

AREVA venturing out (Lynchburg News and Advance - 09-16-05)

Areva forms nuclear partnership with Constellation (Financial Times - 09-15-05)

Areva, Constellation form joint venture to offer EPR plants in US - UPDATE (Forbes - 09-15-05)

Constellation, Areva unite to build U.S. nuclear plants (Baltimore Business Journal - 09-15-05)

Media Advisory
Two Major U.S. Energy Corporations to Announce Unprecedented Business Platform to Design, License, Build and Operate New Nuclear Power Plants in America