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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

520 Megawatt Plant Planned for Central Virginia

LCG, Oct. 11, 2000--Independent electric generator Competitive Power Ventures Inc. said yesterday it plans to build a 520 megawatt natural gas-fired, combined-cycle power plant in central Virginia, about 25 miles southeast of Charlottesville.

The company said it has obtained an option to purchase 393 acres in Fluvanna County, Va. Both natural gas and electric transmission lines cross the property, 15 acres of which will be used for the new merchant plant.

The company said permitting for the CPV Cunningham Creek Project would take between 12 and 18 months. Construction is scheduled to begin in early 2002 with commercial operations expected to begin by the summer of 2004.

Chris Broemmelsiek, project director for Cunningham Creek, said "We have been carefully studying all aspects of this project since early this year, and we believe that we've selected a site and project design that will give the Commonwealth (of Virginia) its most environment friendly power plant ever."

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