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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

Mirant to Buy TransCanada's Gas Marketing Unit

LCG, Oct. 12, 2001--Atlanta-based power producer Mirant Corp. said yesterday that it has agreed to buy the gas marketing business of TransCanada Pipelines Ltd. for an undisclosed sum. The deal will propel Mirant into the number two slot among north American gas marketers.

Mirant has agreed to acquire TransCanada's trading and marketing business and related natural gas storage and transportation contracts, along with its so-called "netback pool," which markets supply from 550 Canadian producers.

The sale takes TransCanada out of the marketing and trading end of the energy business. The company has sold $3.3 billion in Canadian money ($2.1 billion U.S.) worth of assets over the past two years in order to focus on its pipeline and electric generation businesses in North America.

Mirant said the deal would make it Canada's largest gas marketer in addition to giving it the number two spot in North America.

The companies expect to close the transaction by the end of this year, pending regulatory, producer and customer approvals.

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