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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 and EDP Renewables Announce Completion of 800 MWh Flatland Energy Storage Project in Arizona

LCG, June 9, 2026--EDP Renewables North America LLC (EDPR NA) and Salt River Project (SRP), a not for-profit public power utility serving central Arizona, today announced the completion of the Flatland Energy Storage project, located in Coolidge, Arizona. The new battery energy storage system (BESS) has a generating capacity of 200 MW and can provide 800 MWh of storage capacity to store energy during times of surplus supply and deliver power to customers when needed to meet peak periods of customer demand.

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Industry News

Nisource, Columbia Merger to Cost 800 Jobs

LCG, Oct. 13, 2000-- Nisource Inc., which is acquiring Columbia Energy Group, announced Thursday it will cut 800 jobs, or about 5 percent of the companies' combined work force, when the merger is completed.

The company said the cuts will be made through involuntary terminations and early retirements. Employees leaving the companies involuntarily will be provided separation benefits as well as assistance in seeking new career opportunities.

Pink slips will be issued throughout the organization geographically and at all staff levels, Nisource said. Company spokeswoman Sally Anderson said a breakdown of job cuts in individual states was not available.

Nisource's acquisition of Columbia, which began as a hostile takeover, will create the largest U.S. gas utility east of Southern California. The new company will serve about 3.6 million gas and electric customers in nine states in the Midwest and Northeast.

The company said the "synergies" will save the two companies about $100 million next year and increase to $175 million in 2004.

Approval by the Securities and Exchange commission is the only remaining regulatory action required to complete the merger.

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