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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

Duke Unit Sells Missouri Merchant Plant to NRG

DD>LCG, March 1, 2001--Duke Energy North America said this morning it has sold its 100-percent interest in a 640 megawatt power plant under construction in east-central Missouri to NRG Energy Inc. for an undisclosed sum.

Construction of the natural gas-fueled, simple-cycle peaking plant was begun in May of last year and is scheduled to begin commercial operation by this summer. The parties expect the sale to close by the end of the month, pending regulatory approval.

Located in Audrain County, Mo., the Audrain Generating Station is one of six merchant facilities Duke said it will bring on line by this summer. The other facilities are located in Arizona, Illinois, Oklahoma and two in Mississippi that together total approximately 3,400 megawatts.

The Audrain facility was designed and is being built by Duke/Fluor Daniel, the company said, while Duke Engineering & Services provided interconnection services.

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