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Monday, April 4, 2011

Constellation Energy Reached Deal To Manage Toyota's Natural Gas Needs (CEG,TM)

Constellation Energy Reached Deal To Manage Toyota's Natural Gas Needs (CEG,TM)



Constellation Energy (NYSE:CEG) said it reached a deal with Toyota Motor Corp.'s (NYSE:TM) North American engineering and manufacturing operations to manage its natural gas needs.

The company will handle natural gas supply, risk management, hedging, budget analysis, energy market monitoring and other services for Toyota manufacturing facilities in the U.S., Canada and Mexico. It will also provide risk management services to 14 facilities and will supply natural gas to nine Toyota sites in North America.

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