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Constellation NewEnergy Signs Renewable Energy Agreement with the InterContinental Chicago Hotel

Constellation Energy today announced that its subsidiary, Constellation NewEnergy, has entered into a green electricity purchase agreement with the InterContinental Chicago Hotel. As part of the agreement, Constellation NewEnergy will secure approximately two million kilowatt hours of Green-e certified Renewable Energy Certificates (Rocs) through its NewMix Super product to match 50 percent of the hotel's electricity usage.

"Working with Constellation NewEnergy to match half of the hotel's energy demands is in perfect alignment with our commitment to sustainable and environmentally-friendly practices," said Chris Mander, regional vice president and general manager, InterContinental Chicago. "In addition to furthering our own environmental goals, we see this purchase as setting a strong example for our guests, partners and peers in the hospitality industry."

The InterContinental Chicago is part of the InterContinental Hotels Group (IHG). Since 2006, the IHG has worked to minimize its greenhouse gas emissions and tackle the effects of climate change - including new hotel designs, management tools, water conservation and energy efficiency projects, as well as climate change awareness campaigns with partners and guests. In 1996, IHG commissioned and developed an environmental manual for its hotels, and invited industry peers to co-sign what became the International Hotels Environment Initiative. This marked the founding of today's International Business Leaders Forum (IBLF) Tourism Partnership, of which IHG remains a leading member.

"We are pleased to be providing the InterContinental Chicago with a source of renewable energy to match 50 percent of the hotel's electricity usage," said Michael Kagan, president, Constellation NewEnergy. "Constellation NewEnergy is spearheading innovative green energy products and solutions for our customers across North America, and we applaud both the hotel and its parent company for its aggressive sustainability goals."

As part of the company's NewAnswers sustainable solutions, NewMix Super is one of Constellation NewEnergy's two Green-e certified products. For customers that purchase the NewMix Super product, Constellation NewEnergy secures Renewable Energy Certificates (RECs) from certified renewable resources such as wind, solar, hydro, biomass and/or landfills. By purchasing RECs, companies are investing in the operation and development of facilities that generate renewable energy.

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