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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 Announces New "American Nuclear Supply Chain Loans" to Accelerate Deployment of Large-scale Reactors

LCG, June 23, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) announced today that it issued a conditional loan commitment to finance the purchase of long-lead time items needed to rebuild America’s commercial nuclear supply chain. In addition, Westinghouse Electric Company announced today its intention to partner with the EDF on the new loans.

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Industry News

French Okay Endesa Interest in Power Firm Snet

LCG, Nov. 21, 2000--Endesa, Spain's largest electric utility, said yesterday the French government has approved its plans to acquire a 30 percent interest in French power producer Socit Nationale d'Electricit et de Termique.

Snet is the second largest French electricity company by installed capacity, owning 5 coal plants with 2,600 megawatts total capacity -- a drop in the bucket compared to Electricit de France, which itself owns 19 percent of Snet. The balance of Snet is owned by government-run Charbonnages de France, a coal mining and industrial firm.

Yesterday, Endesa signed an agreement with Charbonnages to acquire a 30 percent stake in Snet, with an option to increase its ownership "in the medium term."

Most of Snet's power output is sold to EdF, with a small amount being sold to business customers. Endesa said it expects to increase the proportion of industrial and commercial sales in the future.

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