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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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Oklo and Centrus Sign Letter of Intent to Purchase Nuclear Fuel for Aurora Powerhouse Deployment in Southern Ohio

LCG, June 19, 2026--Oklo Inc. and Centrus Energy Corp. announced yesterday a Letter of Intent under which Centrus agrees to supply enough domestic high-assay low-enriched uranium (HALEU) to power up to five of Oklo's Aurora nuclear powerhouses for multiple years, with deliveries to Oklo scheduled to begin in 2029. Centrus will supply HALEU from its American Centrifuge Plant in Pike County, Ohio to support Oklo’s planned 1.2 GW power campus in the region

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Industry News

Spain's Fenosa to Buy Two AES Power Firms

LCG, Aug. 31, 2000AES Corp. of the U.S. said yesterday it would sell as planned two Colombian power companies to Unin Fenosa, Spain's third-largest electricity generating company. Fenosa will pay $235 million for the companies.

AEC acquired the two Colombian firms when it bought Venezuela's Grupo EDC earlier this year in what began as a hostile takeover bid. Fenosa, which initially contested AEC for EDC, agreed to back off in exchange for the right to buy the regional power company Epsa for $100 million and another, Electrocosta-Electricaribe, for $135 million.

In addition to buying Epsa and Electrocosta-Electricaribe, Fenosa will exercise an option to purchase Genevapaca, a Venezuelan refinery power supplier, for a price to be agreed upon at a later date.

The properties in Colombia cost EDC about $555 million when they were acquired in 1997, but have proved to be a headache because of guerilla activity and governmental red tape.

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