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In Memory of Rajat Deb: Inspiring Man of Ideas and Remarkable Silicon Valley Archetype

By Anjuli Deb -- With deep sadness and profound appreciation, we share the passing of LCG's founder, Dr. Rajat K. Deb. He was our president and one of the first entrepreneurs in the computer revolution. He was also our friend, our teacher and mentor, and for a few of us, our father and grandfather.

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Entergy Mississippi Highlights New Benefits from Data Centers Are Reducing Customer Bills

LCG, August 27, 2026--Entergy announced today that new revenues from Mississippi data centers are a primary reason why Entergy Mississippi customers will not see their electricity rates increase this summer. The Mississippi Public Service Commission (MSPC) recently approved a rate plan that keeps Entergy Mississippi’s rates below the national average and prevented what otherwise would have been a $4.87 per month increase in July, compared to June rates. Entergy stated that the elimination of the rate increase is an early example of how data centers are directly benefiting their customers.

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Industry News

AES Buys Control of Chile's Number 2 Power Firm

LCG, Dec. 29, 2000AES Corp. said yesterday that it has acquired 61.57 percent interest in the number two electric generating firm in Chile for $841 million. AES bought nearly 3.5 billion shares of Gener in an auction on the Santiago Stock Exchange.

AES first made a tender offer for Gener two months ago and then, on December 12, sweetened its offer to attract more sellers of Gener stock. Coupled with its $16.50 offer for Gener's American Depositary Shares, AES' total bid is for 80 percent of the Chilean company at a cost of about $1.1 billion.

Under a new Chilean law, AES must now make an offer for the balance of Gener shares. The law requires any investor acquiring two-thirds of a Chilean firm to take complete control. AES acknowledged the law earlier this week and said it would do just that.

Naveed Ismail, AES director for Latin America, told a news conference yesterday "Today we acquired 61.57 percent of Gener and tomorrow (today) probably we ought to be buying another 25 percent which will give us close to 90 percent of the company's share capital."

Ninety percent of Gener works out to a $1.3 billion investment for AES.

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