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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 Closes $1.9 Billion Loan to Restart Duane Arnold Nuclear Plant in Iowa

LCG, September 9, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) yesterday announced the financial close of a loan of up to $1.9 billion to NextEra Energy to support the finance of the restart of Iowa's only nuclear power plant, the Duane Arnold Energy Center. EDF has now financed three, carbon-free nuclear plant restarts and completed four concurrent conditional commitments and financial closings under the current Administration. This latest investment, along with the others, advance the Administration's energy dominance agenda and Executive Order, Reinvigorating the Nuclear Industrial Base.

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Industry News

State of Pennsylvania Leads Nation in Green Power Purchases

LCG, August 30, 2006--The State of Pennsylvania announced yesterday that it has doubled its purchases of green electricity and is now the largest state purchaser of green power in the nation. Pennsylvania will now purchase 200 MWh per year of energy from clean, renewable resources that do not produce emissions.

To achieve this status, Pennsylvania modified an existing power purchase agreement with Community Energy, Inc. (CEI). The agreement requires that 40 percent of the power supplied is generated from wind resources and 60 percent is from hydroelectric resources. The annual energy purchase of 200 MWh is equivalent to 20 percent of the state government's electricity requirement, and the energy will be purchased "at a premium rate of only 0.34 cents per kilowatt hour."

CEI was purchased in May 2006 by the Spanish firm, IBERDROLA, an international energy company that owns and operates renewable energy facilities around the world. IBERDROLA is also largest shareholder in the Spanish wind company, Gamesa Corp., which recently chose to base its North American headquarters in Pennsylvania.






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