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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 Releases New Five-Year Strategy Plan

LCG, August 20, 2026--PJM released its new five-year strategy yesterday, entitled "Shaping a Powerful Change, Working to Perfect the Flow of Energy." The strategy specifies PJM’s mandate to be a mission-driven organization that serves the public interest as a FERC-authorized RTO. PJM's strategy plan outlines the need to meet the demands of accelerating load growth amid constrained capacity and a rapidly evolving industry. The plan states, "We are clear about our priorities: Reliability is our North Star.”

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Industry News

AEP to Sell Texas Plant to Teco Energy

LCG, Feb. 8, 2001American Electric Power Co. said this morning it would sell its Frontera power plant to Teco Power Services, a subsidiary of Teco Energy Co., as part of a divestiture agreement with the Federal Energy Regulatory Commission in AEP's acquisition of Central and South West Corp.

Frontera is a 500 megawatt natural gas-fired combined-cycle plant located near the town of Missionin the Rio Grande Valley of Texas. The merchant plant, built by CSW subsidiary CSW Energy priorto the merger with AEP, began simple-cycle operation in July 1999 and combined-cycle operation in May 2000.

Teco Power Services, an affiliate of Tampa Electric Co., will pay AEP $265 million for the plant. Closing of the deal is contingent upon completion of a Hart-Scott-Rodino antitrust review.

"This divestiture is important because it allows us to comply with FERC's order on the completion of our merger, but it also provides cash that we will use to pay down debt," said Dwayne L. Hart, AEP's vice president for business development and strategy.

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