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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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Avantus and Clean Power Alliance Sign PPA for 200-MW Solar Plus Storage Facility for Southern California Communities

LCG, July 13, 2026--Avantus, an independent power producer (IPP), and Clean Power Alliance (CPA) today announced a 20-year power purchase agreement (PPA) for the Rexford 2 solar and storage project in Tulare County, California. The project will deliver 200 MWac of solar power combined with a 200 MW/800 MWh of battery energy storage system (BESS) to the California grid. The project is scheduled to commence construction in 2027 and achieve operations in late 2028. Commercial operations under the PPA are scheduled to start in May 2029. Avantus plans to own and operate facility.

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Industry News

Auction Plans Take Shape for Vermont Yankee

LCG, March 27, 2001Vermont Yankee Nuclear Power Corp. said yesterday it is moving forward on the planned auction of its 540 megawatt nuclear power plant in Vernon, Vt., and has retained New York investment bank J.P. Morgan Chase & Co. as financial adviser.

Vermont Yankee Nuclear Power had originally agreed to sell the facility to Amergen Energy Co. for $50 million, but when other nuclear power plants in the Northeast were sold at prices exceeding $1 billion, the Vermont Public Service Board rejected that deal and said to hold an auction.

Since then, other companies have expressed an interest in Vermont Yankee, including units of Entergy Corp., Dominion Resources Inc. and Constellation Energy Croup Inc. Amergen, a joint venture between Exelon Corp. and British Energy Plc, is still looking at the plant as well.

Vermont Yankee Nuclear Power said it expects a successful auction. "We have seen significant interest recently from potential auction bidders for the plant," chief executive Ross Barkhurst said.

Vermont Yankee generated about 80 percent of the power consumed in Vermont.

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