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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 Closes $1.9 Billion Loan to Restart Duane Arnold Nuclear Plant in Iowa

LCG, September 9, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) yesterday announced the financial close of a loan of up to $1.9 billion to NextEra Energy to support the finance of the restart of Iowa's only nuclear power plant, the Duane Arnold Energy Center. EDF has now financed three, carbon-free nuclear plant restarts and completed four concurrent conditional commitments and financial closings under the current Administration. This latest investment, along with the others, advance the Administration's energy dominance agenda and Executive Order, Reinvigorating the Nuclear Industrial Base.

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Industry News

Dayton Power Pays its Taxes, and Says So

LCG, Feb. 15, 2001Dayton Power & Light Co., like electric utilities everywhere, is a major source of funds for local government. The property taxes paid by utilities are responsible for everything from schools to roads to public buildings to the stripes on the sheriff's trousers.

At the same time, local politicians abuse their electric companies, blaming them for outages caused by storms and every disease that can be remotely connected with power plant emissions.

DP&L decided it was time that the people of Montgomery County, Ohio, knew how important their local utility was to local government finances. Yesterday, the company paid its property taxes for the first half of the taxable year, and got out a press release saying so.

Not only that, Tom Studevant, the company's director of community relations, personally presented Montgomery County Treasurer Hugh Quill with DP&L's check for $16.1 million. As he did so, he pointed out that the company is the largest payer of total real and personal property taxes in the county.

The DPL Inc. subsidiary said it annually pays about $73 million in property taxes to 46 Ohio counties in which it serves customers and has property. These payments are a significant portion of the funding for the operations and capital requirements of school districts as well as that of municipal, township and county governments, and DP&L wants them to know it.

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