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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

Entergy, NYPA Close Sale of Indian Point 3, FitzPatrick

LCG, Nov. 22, 2000--Entergy Corp. and the New York Power Authority yesterday closed the sale ofNYPA's two nuclear power plants, Indian Point unit 3 in Buchanan, N.Y., and the James A. FitzPatrick plant near Oswego, N.Y. The two organizations announced the deal last March.

Entergy said in a statement that the acquisition is its largest yet in its nuclear growth program and, at $967 million, is the highest price yet paid for nuclear assets in the U.S.

Entergy Nuclear Northeast now has three plants to operate. Entergy purchased the Pilgrim NuclearStation at Plymouth, Mass., in July 1999 from Boston Edison Co. in the first sale in the U.S. of anuclear power plant in a competitive bidding process.

With Indian Point 3 wrapped up, Entergy will now pursue its acquisition of Indian Point 2 and the mothballed Unit 1 from Consolidated Edison Co. of New York, and hopes to close that transaction by next summer. Con Edison is replacing the steam generators in Indian Point 2 and hopes to have the plant running by the end of the year.

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