SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549


                                    FORM 8-K
                                 CURRENT REPORT


     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


       Date of Report (Date of earliest event reported): December 12, 2000



   Commission File        Exact name of registrant              IRS Employer
      Number            as specified in its charter          Identification No.
      ------            ---------------------------          ------------------

      1-12869          CONSTELLATION ENERGY GROUP, INC.         52-1964611




                                    Maryland
                       -----------------------------------
       (State or other jurisdiction of incorporation for each registrant)


                 250 W. Pratt Street, Baltimore, Maryland            21201
   --------------------------------------------------------------- ----------
               (Address of principal executive offices)            (Zip Code)


       Registrants' telephone number, including area code: (410) 234-5000

                                 Not Applicable
   --------------------------------------------------------------- ----------
          (Former name or former address, if changed since last report)


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ITEM 5.  Other Events
---------------------

     On December 12, 2000,  Constellation  Energy  Group,  Inc.  ("Constellation
Energy")   announced   that   Constellation   Nuclear,   LLC,  a  subsidiary  of
Constellation Energy, will purchase 1,550 megawatts of the 1,757 megawatts total
generating capacity of Nine Mile Point nuclear power plants,  located in Scriba,
New York. Constellation Nuclear will buy 100 percent of Unit 1 and 82 percent of
Unit 2 for $815 million, including $78 million for fuel. The sale is expected to
close in mid-2001 after receipt of all necessary regulatory approvals.

     Further information regarding the purchase of the Nine Mile Point plants is
set forth in the press release attached hereto as an exhibit.


ITEM 7.  Financial Statements and Exhibits
------------------------------------------

    (c)      Exhibit No. 99         Press Release of Constellation Energy Group,
                                      Inc. issued on December 12, 2000.



                                   SIGNATURES


Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.


                                   CONSTELLATION ENERGY GROUP, INC.
                                  ----------------------------------
                                            (Registrant)




Date:  December 12, 2000                 /s/ David A. Brune
      --------------------        ----------------------------------
                                David A. Brune, Vice President on behalf
                              of the Registrant and as Principal Financial
                                        Officer of the Registrant




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