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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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Avangrid Completes Construction of New, 120-MW Solar Project in Oregon

LCG, June 2, 2026--Avangrid, Inc., a member of the Iberdrola Group, today announced that it has completed construction of its Tower Solar project in Oregon and connected it to the electric grid. Once commissioning activity is complete, the project will deliver energy to Portland General Electric (PGE) and help support QTS operations in the region.

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Industry News

Shareholders Approve CP&L Acquisition of Florida Progress

LCG, Aug. 17,2000--Shareholders of CP&L Energy Inc. yesterday approved the pending acquisition of Florida Progress Corp., with 98 percent of those casting ballots favoring the merger. FPC shareholders followed suit this morning with a 96 percent vote in favor.

The combination will create one of the 10 largest generators of electricity in the U.S., with total capacity of more than 19,000 megawatts. The new company will also be one of the top utilities in the U.S. Southeast, with more than 2.8 million customers.

CP&L Energy is parent holding company for Carolina Power & Light Co. which serves about 1.2 million electricity customers in the Carolinas, and FPC is that of Florida Power Corp., which has some 1.4 million customers in its state.

" Once this acquisition closes, we will have size, capacity, assets and a customer base to put CP&L in a position to effectively compete in any business environment," said William Cavanaugh, chairman, president and chief executive.

" We intend to strengthen those customer relationships and utilize our generation assets to go after a larger share of the region's fast-growing wholesale energy market," he promised.

Cavanaugh will continue in his positions following completion of the transaction. The company will continue to be called CP&L Energy until a new name is thought up.

The acquisition still must be approved by the North Carolina Utilities Commission and the Securities and Exchange Commission.

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