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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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

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