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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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Oklo and Centrus Sign Letter of Intent to Purchase Nuclear Fuel for Aurora Powerhouse Deployment in Southern Ohio

LCG, June 19, 2026--Oklo Inc. and Centrus Energy Corp. announced yesterday a Letter of Intent under which Centrus agrees to supply enough domestic high-assay low-enriched uranium (HALEU) to power up to five of Oklo's Aurora nuclear powerhouses for multiple years, with deliveries to Oklo scheduled to begin in 2029. Centrus will supply HALEU from its American Centrifuge Plant in Pike County, Ohio to support Oklo’s planned 1.2 GW power campus in the region

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Industry News

Powergen sells European Assets to NRG Energy

LCG, April 17, 2001Powergen Plc of the United Kingdom said this morning it has sold its mining and electric generation assets in Germany and Hungary to NRG Energy of the United States for 130 million ($187 million U.S.).

"The deal completes Powergen's strategic refocusing on the U.S. and UK energy markets and thesale of its international business, other than a minority stake in the holding companies for Powergen'sformer interests in Australia, India and other parts of Asia," the company said in a news release.

NRG will acquire Csepel I and II of Hungary as well as Powergen's interest in Germany's Mibrag GmbH and Saale Energie GmbH. The European assets earned 28 million ($40 million) in profits for Powergen last year.

Powergen said the sale was part of its debt reduction program that would result in corporate debt being slashed by 1.37 billion, "significantly ahead of the one billion pounds target originally set".

Last week, Powergen agreed to a takeover by German utility Eon for 9.6 billion including assumption of debt.

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