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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 Closes $1.9 Billion Loan to Restart Duane Arnold Nuclear Plant in Iowa

LCG, September 9, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) yesterday announced the financial close of a loan of up to $1.9 billion to NextEra Energy to support the finance of the restart of Iowa's only nuclear power plant, the Duane Arnold Energy Center. EDF has now financed three, carbon-free nuclear plant restarts and completed four concurrent conditional commitments and financial closings under the current Administration. This latest investment, along with the others, advance the Administration's energy dominance agenda and Executive Order, Reinvigorating the Nuclear Industrial Base.

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Industry News

Judge Calls for Half Year Delay on Enron Case

LCG, January 7, 2003-Federal Energy Regulatory Commission Administrative Law Judge Jeffie Massey has said an additional six months are needed to come to a decision regarding allegations that Enron Corporation manipulated the California energy market.

The Federal Energy Regulatory Commission, the Justice Department, and the Commodity Futures Trading Commission are investigating Enron's possible part in the Western energy crisis of 2000/2001. While the investigations will result in three separate cases, the agencies have agreed to share data and witnesses.

Judge Massey asserts that the Justice Department has withheld access to witnesses and data and is therefore impeding the investigation. She plans to ask for a six month delay in the hope that the Justice Department will allow more access to important information and people.

The Justice Department has effectively denied the other agencies access to former Enron trader Timothy Belden, who plead guilty last year to conspiracy regarding market manipultion.

Additionally, the Justice Department has a significant number of the records of depositions that were taken by the three agencies together.

If the case is delayed, a decision would most likely be issued by December.

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