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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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DOE Announces New "American Nuclear Supply Chain Loans" to Accelerate Deployment of Large-scale Reactors

LCG, June 23, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) announced today that it issued a conditional loan commitment to finance the purchase of long-lead time items needed to rebuild America’s commercial nuclear supply chain. In addition, Westinghouse Electric Company announced today its intention to partner with the EDF on the new loans.

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Industry News

Calpine Cuts Plant Development In 2002

LCG, Jan. 16, 2002--Calpine Corp. announced that it will not proceed this year with 34 power projects that have reached advanced-stage development, while 27 projects now under construction will move towards completion.

By curtailing the projects, the San Jose, Ca.-based company will wait for market prices to recover, and manage its debt load. The move reduces planned capital spending by nearly $2 billion, according to Calpine.

When market conditions improve, Calpine plans to expand its generation portfolio. "While 2002 will be a challenging year for the entire power industry, we believe the underlying, long-term growth in electricity demand, the historic swiftness with which power demand recovers in the wake of a recession, and the recent decisions by many of our competitors to curtail new plant construction wil all work to Calpine's favor," the company said.

Rating agencies Moody's and Standard & Poor's have considered the company to have an unfavorably high level of debt, and had rated its bonds below investment-grade in December of last year.

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