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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

TXU and Airtricity Execute Agreement for Roscoe Wind Farm in Texas

LCG, May 16, 2007--Airtricity, Inc., and TXU Corporation yesterday announced a new, five-year power purchase agreement (PPA) in which TXU Wholesale will purchase the electricity generated from the 209 MW Roscoe Wind Farm, located in Texas about 45 miles southwest of Abilene.

The Roscoe Wind Farm will include 209 Mitsubishi 1000A turbines, each with an electric generating capacity of 1 MW. The project is scheduled to be completed by the end of 2007.

At the completion of the project, TXU will have 965 MW of capacity from wind generators. Furthermore, the project will move the state of Texas closer to achieving its renewable energy target of 5,880 MW of its electric generation from renewable sources by 2015. The target is part of the Texas Renewables Portfolio Standard (RPS). Qualifying renewable resources in Texas are solar, wind, geothermal, hydroelectric, wave energy, and biomass, including landfill gas. The renewables target includes 500 MW of non-wind, renewable resources. Moreover, qualifying facilities must be installed after September 1999. In Texas, the RPS applies to all retail energy providers including municipal and cooperative utilities.


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