CEPS Merged With CNE
In May of 2011, the legal entity Constellation Energy Projects & Services Group, Inc. (CEPS) was formally merged with and into Constellation NewEnergy, Inc. (CNE)
This was done due to an internal, company reorganization and did not change any existing contracts or legal documents. The services previously provided by CEPS are now being provided by the same Constellation Energy personnel under the entity Constellation NewEnergy, Inc.
With that being explained, Constellation NewEnergy, Inc., operator of the Nashville District Energy System (DES) is pleased to present their eighth Annual Reportˇ to the Metropolitan Government of Nashville and Davidson County, Tennessee. This report summarizes activities related to environmental, health and safety issues, sales and marketing activities, customer service, fuel procurement, finance and the overall system performance for the past twelve months. The system is made up of two basic parts, the Energy Generation Facility (EGF) and the Energy Distribution System (EDS).
Excellent operation of the EGF by an outstanding work force resulted in steam and chilled water availability and reliability both being above 99% again this year. This included scheduled outages and minor upsets so short in duration they are not required to be reported. CNE contractual efficiency guarantees also continue to be met. Efficient operations benefit everyone through utility and energy savings.
During the fiscal year July 1, 2010 through June 30, 2011, CNE continued to have a perfect environmental record with no excursions or violations. All verification data, records, reporting requirements and submittals were kept up to date and in order.