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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

SEC Will Decide on Off-balance sheet Disclosure Next Week

LCG, October 24, 2002-The U.S. Securities and Exchange Commission intends to decide on a rule limiting companies' undisclosed transactions by next week.

The SEC will vote next week Wednesday on whether or not to require companies to disclose risk which otherwise would remain hidden to investors. Such off-balance sheet transactions may have been used by corporations like Enron to hide debt.

Off-balance-sheet disclosure would mandate that companies submit detail lists of short- and long-term financial obligations to the SEC at regular intervals.

A favorable vote will see the new disclosure rule implemented no earlier than 30 days after Wednesday in order to allow for public input.

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