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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

Goldman Sachs Acquires European Trading Books

LCG, Mar. 7, 2003--The presence of U.S. energy companies in European energy trading has receded further with the announcement by investment bank Goldman Sachs Group Inc. that it has bought trading books from Dynegy Inc. and El Paso Corp.

The two energy companies were seen by analysts as being too highly leveraged to continue trading. Goldman Sachs had earlier been in a partnership with the trading operations of Constellation Energy Group, which owns power plants. Fox-Pitt Kelton analyst Reilly Tierney told Reuters that energy prices "are clearly at distressed levels, so if you thought that the business is going to come around this makes a lot of sense."

Goldman joins a number of other banks that have energy trading, including UBS Warburg, Deutsche Bank, Barclays Capital and BNP Paribas, a French concern. Although representatives of the bank did not disclose how much was paid for the two trading books, El Paso said last month that its gas portfolio in Europe had been purchased for $80 million by an unnamed buyer.
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