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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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SRP Announces New Pediment Battery Energy Storage System Online in Arizona

LCG, June 17, 2026--Salt River Project (SRP) and Aypa Power, a Blackstone portfolio company, yesterday announced that Pediment Battery Energy Storage System (BESS), a 250-MW / 1,000-MWh project, is now online and serving customers. Pediment, located in the Elliot Road Technology Corridor in Mesa, Arizona, brings new storage capacity to the rapidly growing Phoenix metropolitan area.

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Industry News

Lawyers Use Internet to Find Avista Plaintiffs

LCG, Sept. 5, 2000Call it high-tech ambulance-chasing. Lawyers are taking to the Internet looking for plaintiffs who want to sue companies suspected of wrongdoing.

Avista Corp., the former conservative Washington Water Power Co., is a target of a law firm that is rounding up shareholders the lawyers think they can convince there's a pot of gold at the end of the litigation. There often is for the lawyers. There often isn't for the plaintiffs.

One of the many law firms using the Internet to scare up a case against Avista is Berman, DeValerio & Pease, of Boston. It or they warned in an announcement on the Internet Friday that "a deadline is fast approaching for shareholders who want to sue" Avista and five other companies. The lawyers invited shareholders to call in order to learn "your ability to potentially recoup your losses."

Avista made some stupid moves earlier this year and barely broke even in the second quarter, but it is unlikely the company set out to destroy the fortunes of its shareholders. What it did was guess wrong on the direction power prices would take when it sold its 175 megawatt interest in the Centralia, Wash., power plant. Instead of contracting for replacement power, it bet that the price of power would drop and it could cover its shortage for less money in the spot market.

You don't go to jail for trying to fill a straight.

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