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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

Con Edison Customers to See Rates Drop Sunday

LCG, March 30, 2001The New York State Public Service Commission said yesterday that electricity customers of Consolidate Edison Co. of New York will see a decrease in the distribution charge for power beginning Sunday.

The rate cut for householders and small businesses will be about 9.8 percent on the delivery portion of the bill, and larger commercial customers will see a reduction of around 6.2 percent, the commission said. All customers received an earlier 6.8 percent reduction in their distribution bills in January.

The combined reductions will remain in effect through March 31, 2005.

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