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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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Avangrid Completes Construction of New, 120-MW Solar Project in Oregon

LCG, June 2, 2026--Avangrid, Inc., a member of the Iberdrola Group, today announced that it has completed construction of its Tower Solar project in Oregon and connected it to the electric grid. Once commissioning activity is complete, the project will deliver energy to Portland General Electric (PGE) and help support QTS operations in the region.

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Industry News

Duke to Acquire Canada's Westcoast Energy

LCG, Sept. 21, 2001--Duke Energy Corp., on of the largest U.S. utilities, said yesterday it would acquire Canada's Westcoast Energy Inc. for about $3.5 billion.

Westcoast operates natural gas gathering, processing, storage and transmission facilities in Canada, and its acquisition will significantly expand Duke's North American gas business.

"This acquisition greatly enhances the balance and diversity of our portfolio of energy assets and provides us with additional growth opportunities to serve North America's expanding energy needs," Richard Priory, Duke's chief executive, said in a company statement announcing the deal.

Later, in a telephone news conference after the deal was announced, Priory said "We see the tremendous need to expand the natural gas infrastructure across North America. This combination will position ourselves to take a lead role to develop that infrastructure."

Duke said the transaction is expected to close early next year and should add to earnings immediately. Michael Phelps, chairman and chief executive officer of Westcoast, will become a member of Duke board of directors.

"The Westcoast Energy board of directors fully supports this combination and will recommend it to shareholders," said Phelps. "The bid represents a significant premium to our recent share price at a time when Westcoast Energy shares are trading at record highs, and it offers current Westcoast shareholders an opportunity to participate in the future growth prospects of Duke Energy, a leading multinational energy powerhouse."

Under terms of the deal, Duke will pay for all of the outstanding shares of Westcoast with a combination of stock and cash.

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