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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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PJM Accepts More Than 200 GW of New Generation Projects Into First Cycle of Reformed Interconnection Process

LCG, August 3, 2026--PJM Interconnection today announced that 715 new generation projects, capable of generating more than 200 GW of electricity, have qualified to be studied in the first Cycle of PJM's reformed interconnection process. PJM's application window closed April 27, with 811 proposals submitted for new resources. The applications were subject to an initial screening process that vets applications for required technical information and financial deposits.

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Industry News

Iberdrola Agrees to Takeover by Endesa

LCG, Oct. 18, 2000--Iberdola, Spain's second largest electric utility, and Endesa, its first, announced yesterday that they had agreed to an $11.6 billion "friendly merger" that will create one of Europe's largest power companies.

Because the new company, to be called Endesa Iberdola, would control about 80 percent of Spanish electric generation, significant divestitures will be made to satisfy regulators. The companies said that about 15,000 megawatts of generation will be sold off, along with distribution assets serving the equivalent of 4 million customers.

"These disposals will contribute to a wider opening of the Spanish generation market by introducing three new operators in the market who will develop an important presence in the supply of electricity," the companies said in a joint statement.

The agreement scotches an unwelcome attempt by GasNatural, Spain's privatized natural gas monopoly, to take over Iberdola.

Joint chairmen of the new company will be Endesa's Rodolfo Martin Villa and Iberdrola's Inigo de Oriol e Ybarra. The chief executive of the new company would be Endesa's Rafael Miranda Robredo. The board will have 30 members, 18 to be named by Endesa and 12 by Iberdola.

The combination will also create the largest Latin American electric utility presence by a foreign firm, with approximately 12 percent of the market.

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