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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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DOE Closes $1.9 Billion Loan to Restart Duane Arnold Nuclear Plant in Iowa

LCG, September 9, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) yesterday announced the financial close of a loan of up to $1.9 billion to NextEra Energy to support the finance of the restart of Iowa's only nuclear power plant, the Duane Arnold Energy Center. EDF has now financed three, carbon-free nuclear plant restarts and completed four concurrent conditional commitments and financial closings under the current Administration. This latest investment, along with the others, advance the Administration's energy dominance agenda and Executive Order, Reinvigorating the Nuclear Industrial Base.

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Industry News

Austin Energy Opens Sand Hill Energy Center

LCG, November 5, 2004--The official opening of Austin Energy's new, 300-MW Sand Hill Energy Center occurred on Wednesday. The cost of the station, located near the Austin airport, was $177 million. Consistent with the Austin's environmentally sensitive outlook, the gas-fired, combined-cycle station will use reclaimed wastewater.

With the addition of the station, Austin Energy will begin the phased, shut down of the aging, gas-fired Holly Power Plant, which was built between 1960-74 in east Austin. In December of this year, two 100-MW units will be retired, with the two remaining 200-MW units to be shut down in December 2007.

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