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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

Midwest ISO Recruits 8 New Members

LCG, March 5, 2001--The Midwest Independent Transmission System Operator, which has watched some of its largest members defect in favor of the rival, profit-motivated Alliance Regional Transmission Organization, got a lift last week when eight utilities applied to join up.

The Midwest ISO announced on Friday that applications had been received from Indianapolis Power and Light Co., Indiana Municipal Power Agency, Lincoln Electric System, Minnesota Power Co., Otter Tail Power Co., Sunflower Electric Power Corp. and UtiliCorp United.

The rush to enlist was not exactly a manifestation of volunteerism. As the result of a settlement brokered last week by the Federal Energy Regulatory Commission, the utilities were given until February 28 to apply for membership in either the Midwest ISO or Alliance in order to qualify for a single pricing structure.

Under the settlement, Midwest ISO and Alliance agreed to exist separately but coordinate their activities, including setting up a single pricing structure that would permit market participants to deal with either organization as if the two were one RTO.

The settlement also allowed Illinois Power Co., Ameren Energy Corp. and Commonwealth Edison Co. to depart the Midwest ISO in favor of Alliance.

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