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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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Constellation Files License Renewal Applications with the NRC for Two New York Units

LCG, June 29, 2026--Constellation announced on June 26 that it has filed license renewal applications with the Nuclear Regulatory Commission (NRC) to extend for 20 years the operations of Ginna Clean Energy Center and Nine Mile Point Unit 1 reactors in upstate New York to 2049. Constellation stated that it's decision to invest in these plants to extend their safe and reliable operations into mid-century demonstrates that New York State's renewal of its Zero Emissions Credit (ZEC) program is working as intended. Furthermore, Constellation stated that maintaining its nuclear fleet is estimated to save New Yorkers $50 billion and sustain reliable emissions-free generation resources to serve increasing electricity demands.

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Industry News

FPL, Entergy Can't Iron Out Differences, Merger Dead

LCG, April 2, 2001Entergy Corp. and FPL Group Inc. said this morning that they are giving up on their planned $6.3 billion merger after failing to resolve differences that had arisen during transition talks between the two companies.

Both sides agreed not to seek termination fees unless either enters into a similar deal with another company in the next nine months.

Though characterized as a "merger of equals" when it was announced, that it was a takeover of Entergy by FPL was apparent from the way the new management would be structures. Entergy said its financial advisors concluded that there was insufficient premium for Entergy shareholders for that kind of deal.

Entergy also said FPL balked at creation of the decentralized corporate structure proposed in the merger agreement.

"FPL's approach is focused on owning and managing assets to create value through operations andefficiency improvement," Entergy said in a news release. "Entergy's approach emphasizes developingskills, relationships, and proprietary systems to create value around assets through superior marketknowledge and effective risk management."

FPL complained in its own statement that "a principal reason for FPL Group's decision centered on discrepancies in Entergy's financial forecasts." Entergy Chairman Robert Luft noted that Entergy has exceeded Wall Street profit estimates for 11 straight quarters.

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