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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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PG&E Awarded First Civil Nuclear Credit from DOE to Support Diablo Canyon Nuclear Power Plant

LCG, August 14, 2026--The U.S. Department of Energy (DOE) announced today that it has awarded Pacific Gas and Electric (PG&E) $271 million to help support the extended operations of the company's nuclear power facility, Diablo Canyon Power Plant, which is located near Avila Beach, California. The federal Civil Nuclear Credit Program (CNCP) funding will allow the 2,240-MW nuclear facility, which supplies nearly ten percent of the electricity consumed by the state's population, to continue to safely generate secure, carbon-free, baseload power to customers. The U.S. Nuclear Regulatory Commission (NRC) approved 20-year license extensions on Diablo Canyon’s two reactors last April.

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Industry News

Enron's Bankruptcy Plan Filed

LCG, July 11, 2003--Enron filed a bankruptcy reorganization plan that the company's acting chief executive, Stephen Cooper, said represented a distribution of "100% of the economic value of Enron."

The plan will account for 300 classes of creditors, which have claims against 173 affiliates included in the filing for bankruptcy protection. A majority of the members of each class will need to approve the plan, and a vote of two-thirds of the total dollar amount will have to give its backing. Cooper said that a number of creditors and the court-appointed examiner representing Enron North America creditors have voiced their support.

The claims creditors say they are owed equal $67 billion, although what they will receive may be between 14.4 cents and 18.3 cents per dollar, much less than creditors in most bankruptcies receive. The payouts will be made 70% in cash, according to Cooper.
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