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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

Reliant Plans 520 Megawatt Pennsylvania Coal-burner

LCG, March 20, 2001Reliant Energy Inc.'s Wholesale Group said yesterday it plans to build a 520 megawatt "clean coal" power plant in Seward County, Pennsylvania. The facility would be built adjacent to the company's existing 120 megawatt Seward coal-burner, which will be retired when the new facility begins commercial operation.

A spokesman for Reliant said the new plant could begin operations as early as 2004 if state and federal permitting processes go smoothly.

The plant will be financed be sale of some $400 million in tax-exempt bonds issued by the Pennsylvania Economic Development Financing Authority, a company statement said. The debt will be serviced from project revenues.

Using clean coal technology, the new plant will burn waste coal as its primary fuel. The announcement of the coal-fired plant comes at a time when soaring prices for natural gas are tarnishing that fuel's image as the fuel of choice for new power plants.

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