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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

Dominion Virginia Acquires Calpine Interest in Plant

LCG, August 4, 2003--Calpine has arranged to sell its 50 percent interest in the Gordonsville power plant to Dominion Virginia, which currently purchases power from the plant under a long-term contract.

The deal was considered necessary by Calpine to improve its liquidity. It will realize a cash payment of $31.5 million, part of which is a $5.5 million return of debt-service reserve from the project.

The deal will need to be granted regulatory approval before being finalized. According to Calpine's spokeswoman Katherine Potter, Dominion Virginia, a subsidiary of Dominion Resources Inc., plans to pay off $44 million of non-recourse debt connected with the project that it would assume as part of the sale.
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