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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

GE Increases Investments in Texas Wind Projects

LCG, November 2, 2007--GE Energy Financial Services, a unit of General Electric Company, announced yesterday its investment in a wind farm located in west Texas with Invenergy Wind LLC. Construction began this summer, and the project is scheduled to commence operations in April 2008.

The project, the Stanton Wind Energy LLC project, has a design capacity of 120-MW and will include 80 GE 1.5-Mw wind turbines. The project will interconnect with the Midland East to Big Springs West 138 kV line. Electricity generated by the project will be sold into the ERCOT market.

According to GE Energy Financial Services, the company holds equity in 51 wind farms around the world, with an electric generating capacity of over 2.5 GW. GE plans to double its more than $2 billion of renewable energy investments by 2010.
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