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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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Avantus and Clean Power Alliance Sign PPA for 200-MW Solar Plus Storage Facility for Southern California Communities

LCG, July 13, 2026--Avantus, an independent power producer (IPP), and Clean Power Alliance (CPA) today announced a 20-year power purchase agreement (PPA) for the Rexford 2 solar and storage project in Tulare County, California. The project will deliver 200 MWac of solar power combined with a 200 MW/800 MWh of battery energy storage system (BESS) to the California grid. The project is scheduled to commence construction in 2027 and achieve operations in late 2028. Commercial operations under the PPA are scheduled to start in May 2029. Avantus plans to own and operate facility.

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Industry News

TXU May Sell North Sea Gas Assets

LCG, Aug. 30, 2000TXU Corp. subsidiary TXU Europe said yesterday that it was considering the sale of its North Sea natural gas production business in order to devote the proceeds of such a sale to its energy trading and supply business.

This morning's issue of Financial Times said the company was in talks with four potential buyers for TXU's interests in four gas fields in the southern part of the North Sea. The value of the assets is estimated to be about 150 million ($221 million U.S.).

A TXU Europe official told the paper "Following a number of unsolicited expressions of interest, the company has decided to formalize a review of this part of the business."

TXU Europe, which owns British regional electric company Eastern Energy, paid 310 million ($456 million) earlier this month for Norweb, another REC, from United Utilities, a British firm. On Monday of this week, the company said it would assist Hidroelctrica Cantbrico, Spain's fourth-largest electricity generator, in finding a buyer for itself.

TXU Europe purchased the North Sea assets less than two years ago at a cost of about 120 million ($176 million) in two separate deals with Broken Hill Properties of Australia and Monument Oil and Gas.

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