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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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SRP Announces New Pediment Battery Energy Storage System Online in Arizona

LCG, June 17, 2026--Salt River Project (SRP) and Aypa Power, a Blackstone portfolio company, yesterday announced that Pediment Battery Energy Storage System (BESS), a 250-MW / 1,000-MWh project, is now online and serving customers. Pediment, located in the Elliot Road Technology Corridor in Mesa, Arizona, brings new storage capacity to the rapidly growing Phoenix metropolitan area.

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Industry News

Reliant Resources Appoints New Board and CEO

LCG, August 12, 2003Houston-based Reliant Resources has appointed two new board members and a new chief executive officer.

Joel Staff, who served as chief executive officer of National Oilwell Inc., will take the place of Steve Letbetter, who stepped down from his position as CEO of Reliant in April.

Kirbyjon H. Caldwell, a senior pastor of the United Methodist Church, has been elected to a seat on Reliants Board of Directors. He has been involved with the Methodist church for over twenty years and is also currently taking part in the creation of a 234-acre planned community.

Steven L. Miller has also been chosen to join the Board. He is chairman and president of SLM Discovery Ventures and former CEO of Shell Oil Co. Before retiring from Shell Oil, he served 35 years with the company.

Reliant Resources will have a total of seven members on its Board of Directors, six of whom are non-employee directors.

Reliant also announced today that it will be cutting 650 jobs in an effort to reduce operating costs. 250 active jobs will be lost, 300 temporary and contract jobs will go, and 100 open positions will not be filled.

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