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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 Announces New "American Nuclear Supply Chain Loans" to Accelerate Deployment of Large-scale Reactors

LCG, June 23, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) announced today that it issued a conditional loan commitment to finance the purchase of long-lead time items needed to rebuild America’s commercial nuclear supply chain. In addition, Westinghouse Electric Company announced today its intention to partner with the EDF on the new loans.

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Industry News

Enron Will Sell Pipelines

LCG, May 21, 2004--Enron will sell a company it owns that has full or partial positions in pipelines in North America, a move that will leave Enron with only international pipeline assets once the deal is completed.

CrossCountry Energy Corp. was formed when North American and international pipelines were assigned to two distinct companies, after what Enron managers found to be lackluster bids to buy pipelines were submitted in late 2002. As part of the deal, NuCoastal LLC, run by Oscar Wyatt Jr. of Texas, will acquire CrossCountry for $1.8 billion.

According to Stephen Cooper, who became CEO to assist in Enron's bankruptcy reorganization and was quoted in the Associated Press, the sale "reflects a stronger market for quality, high-performing energy assets than we had seen two years ago." Before the transaction can go forward, it will require approval from U.S. Bankruptcy Judge Arthur Gonzalez in New York.
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