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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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Arevon Celebrates Commencement of Operations at the 300-MW Nighthawk Energy Storage Project in California

LCG, August 12, 2026--Arevon Energy, Inc., an energy developer, owner, and operator, today announced that its 300 MW/1,200 MWh Nighthawk Energy Storage Project in Poway, California, is now operational. Arevon celebrated the project's completion with an on-site ribbon-cutting ceremony attended by project partners, local officials, and others who helped bring the project online. Nighthawk, the largest standalone storage facility in the company's portfolio, should enhance system reliability and is among the San Diego region's most significant energy storage facilities.

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Industry News

Southern Outlines Plans for Mirant Spin-off

LCG, Feb. 20, 2001The Southern Co. board of directors yesterday approved the spin-off of subsidiary Mirant Corp., which was formerly called Southern Energy. The unit is Southern's "global independent power producer."

Last September, close to 20 percent of Mirant was sold in an initial public offering and the balance will be spun off to Southern shareholders. Depending on approval from the Internal Revenue Service, the distribution will be made on April 2.

A. W. Dahlberg, Southern's chairman and chief executive, said "With the planned spin-off, we're delivering that value to our shareholders. We're also creating two great companies from one. I believe each has an outstanding future."

Each Southern Co. shareholder will get about 0.4 shares of Mirant for each Southern share they own. Cash will be paid in lieu of fractional shares and will be taxable, the company said.

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