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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

PNM Asks Court to Rule on Western Resources Merger

LCG, Oct. 15, 2001--Public Service Co. of New Mexico asked a New York court on Friday to either rewrite the terms of its takeover of two Kansas utilities from Western Resources Inc., or to call a halt to the pending transaction.

Western Resources and PNM announced the $4 billion deal last November, in an arrangement that would required Western to separate its electric utilities from the parent company and spin off its other businesses to shareholders.

But the Kansas Corporation Commission in July of this year Rejected Western's request for an electric rate increase and blocked the company's reorganization plan. That, according to PNM, changed the terms of its agreement with Western.

Western, though, is still trying to push through the deal with PNM, despite the New Mexico utility's claim that the deal is now much different that the one it agreed to. PNM has now taken the matter to the Supreme Court of New York, where both companies agreed to take any disputes.

"Although we take this step reluctantly, we believe we have no choice," said Jeff Sterba, PNM chief executive. "Western has demanded that we seek KCC approval of the original transaction, even though it contains a provision that has now been ruled unlawful by the KCC. We believe it would be futile for us to make such a filing."

Sterba added "We believe the current agreement must be restructured, so that it can be approved by the KCC."

PNM is a combined electric and gas utility serving about 800,000 million customers in New Mexico. Western provides electricity to about 636,000 customers in Kansas.

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