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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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Arevon Celebrates Commencement of Operations at the 300-MW Nighthawk Energy Storage Project in California

LCG, August 12, 2026--Arevon Energy, Inc., an energy developer, owner, and operator, today announced that its 300 MW/1,200 MWh Nighthawk Energy Storage Project in Poway, California, is now operational. Arevon celebrated the project's completion with an on-site ribbon-cutting ceremony attended by project partners, local officials, and others who helped bring the project online. Nighthawk, the largest standalone storage facility in the company's portfolio, should enhance system reliability and is among the San Diego region's most significant energy storage facilities.

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Industry News

Spanish Endesa to Sell Power Unit to Italy's Enel

LCG, Sept. 13, 2001--Spanish electric utility Endesa said yesterday it would sell its New Viesgo electric generation and distribution business to Enel of Italy for 2.147 billion euros ($2.39 billion U.S.).

New Viesgo will give Enel a foothold in Spain with a retail customer roster of more than a half-million representing about 3 percent of the Spanish distribution market. Its 2,365 megawatts of installed generating capacity is almost 5 percent of the Spanish total.

The financial channel between Endesa and Enel is a two-way street. In July, Endesa agreed to buy Enel's Elettrogen for 2.63 billion euros ($2.93 billion). Endesa has said it will place other assets on the market as part of a program to raise 20.5 billion euros ($22.8 billion).

Enel beat out rival bids from Spain's Hidroelectrica del Cantabrico, Belgium's Electrabel and a unit of France's Suez.

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