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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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Holtec, Entergy and Hyundai E&C Announce MOA to Analyze Potential SMR-300 Projects in Gulf South

LCG, August 5, 2026-- Holtec International, Entergy Services, LLC, and Hyundai Engineering & Construction Co., Ltd. (HDEC) yesterday announced their strategic collaboration to evaluate opportunities to advance the potential deployment of Holtec’s SMR-300 advanced small modular reactor (SMR) and supply carbon-free, reliable, base-load power to meet the increasing electricity demands of large-load industrial facilities, advanced manufacturing, and AI-driven data centers throughout the U.S. Gulf South.

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Industry News

NRG to Buy 4 First Energy Coal Burners

LCG, Nov. 30, 2001--NRG Energy Inc. said yesterday it had agreed to buy four coal-burning power plants with a combined capacity of 2,535 megawatts from First Energy Inc. for $1.5 billion.

As part of the deal, First Energy will purchase power from the plants through 2005, which means the utility won't be forced into the wholesale power market to meet its native load. In California, utilities were prevented from entering into long-term supply contracts with purchasers of their plants and were required by law to purchase power through a state-operated spot market.

NRG will pay First Energy $1.36 billion cash and assume $145 million in debt. The company said the transaction should close in the second quarter of next year and add immediately to earnings.

First Energy President Anthony Alexander said the plants sold were all along Lake Erie, near Cleveland and Toledo, Ohio. He said the company would now concentrate on its power plants in the Ohio River Valley.

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