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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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Arevon Celebrates Commencement of Operations at the 300-MW Nighthawk Energy Storage Project in California

LCG, August 12, 2026--Arevon Energy, Inc., an energy developer, owner, and operator, today announced that its 300 MW/1,200 MWh Nighthawk Energy Storage Project in Poway, California, is now operational. Arevon celebrated the project's completion with an on-site ribbon-cutting ceremony attended by project partners, local officials, and others who helped bring the project online. Nighthawk, the largest standalone storage facility in the company's portfolio, should enhance system reliability and is among the San Diego region's most significant energy storage facilities.

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Industry News

Shareholders File Suit Against El Paso Electric

LCG, January 21, 2003-A lawsuit was filed in U.S. District Court for the Western District of Texas against El Paso Electric regarding alleged violation of federal laws.

The lawsuit, on behalf of shareholders and filed by a shareholder owning 100 common shares, addresses allegations that El Paso Electric Company did not comply with federal securities laws.

El Paso Electric is not related to the El Paso Corporation, a large energy and natural gas pipeline company also undergoing legal scrutiny.

The Form 8-K was filed today with the Securities and Exchange Commission. The lawsuit comes as the Federal Energy Regulatory Commission is investigating improper behavior in the Western electricity market.

Little information is available regarding the suit, but El Paso Electric denies any wrongdoing.

El Paso Electric distributes and generates electricity in West Texas and New Mexico. The company serves over 300,000 customers.

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