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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

Reliant Expects Gain on Sale of NY Power Plants

LCG, May 25, 2004--A group of 72 power plants acquired by Reliant Energy Inc. in early 2002 will be sold, according to a definitive agreement signed with Brascan Corp. of Toronto.

The deal represents a transfer of 770 megawatts, with all of the plants being hydro except for a single cogeneration plant. It is subject to antitrust review by regulators at the federal and state levels. Brascan, which holds power generation and real estate assets, would increase its ownership of generating capacity by approximately 50 per cent.

Reliant anticipates that it will realize a "significant" gain from the transaction in the third quarter. The assets were purchased by Reliant when it acquired Orion Power Holdings and that company's 6,122 megawatts of generating capacity.
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