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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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Oklo and Centrus Sign Letter of Intent to Purchase Nuclear Fuel for Aurora Powerhouse Deployment in Southern Ohio

LCG, June 19, 2026--Oklo Inc. and Centrus Energy Corp. announced yesterday a Letter of Intent under which Centrus agrees to supply enough domestic high-assay low-enriched uranium (HALEU) to power up to five of Oklo's Aurora nuclear powerhouses for multiple years, with deliveries to Oklo scheduled to begin in 2029. Centrus will supply HALEU from its American Centrifuge Plant in Pike County, Ohio to support Oklo’s planned 1.2 GW power campus in the region

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Industry News

Georgia Power Ordered to Cut Rates by $118 Million

LCG, Dec. 21, 2001--The Georgia Public Service Commission said yesterday it has ordered Georgia power Co., a subsidiary of The Southern Co., to reduce its rates by $118 million per year for the next three years.

Georgia Power had earlier asked the commission for permission to raise its rates by $103 million a year for five years.

The commission said its decision is based on its own revenue forecast for the utility coupled with a return on equity of 12.50 percent. If Georgia power earns anywhere between 10 percent and 12.95 percent on equity, it may not ask for a new rate case, the regulators said.

If the company earns more than 12.95 percent on equity, it must share the extra with its customers -- two-thirds for ratepayers, one-third for the utility.

Georgia Power had sought to make the allowable return range from 11 percent to 13.50 percent.

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