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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

Cinergy Buys 52 Mini-turbines from Capstone

LCG, Aug. 21, 2000--Cinergy Corp. of Cincinnati has ordered 52 microturbines from Capstone Turbine Corp. as part of its agreement as one of Capstones major U.S. distributors, the turbine manufacturer said this morning in a press release.

"Cinergy has shown great leadership in forward-thinking, global approaches to power generationand delivery," said Dr. Ake Almgren, Capstone president and chief executive. "Their management has made it clear that they perceive the Capstone Microturbine to be the best value today for reliable, low-emission onsite power generation and, frankly, we agree."

James E. Rogers, Cinergys chief executive, said "The Capstone Microturbine is a major development in ultra-low-emission, ultra-low-maintenance power generation. These systems are about the size of a large refrigerator and are intended to have virtually the same set-it-and-forget operation profile.

"Our short-term plans are to deploy these systems using crafted energy solution programs forcustomers that have an immediate need for small capacity additions, high power quality and highreliability. We expect, in time, distributed resources like the Capstone Microturbine will reduce peak-demand strain on the electric grid."

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