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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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Google Sign 396 MW PPA with Fervo Energy for Geothermal Power

LCG, September 3, 2026--Fervo Energy earlier this week announced a 396-MW power purchase agreement (PPA) with Google to enable the continued development of the Cape Station enhanced geothermal systems (EGS) GeoCluster, located in southwest Utah. Under the agreement, Google will purchase carbon-free, 24/7 electricity designed to serve as a foundational building block for a potential data center in Utah. The facility is expected to come online in 2028.

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Industry News

E·on, BP in Gas-for-Oil Asset Swap

LCG, July 17, 2001Germany's big energy firm Eon AG said yesterday it has reached agreement with British global petroleum giant BP Plc on a swap of assets that will move certain BP gas properties to Eon and some Eon oil interests to BP. A lot of cash will be involved as well.

BP will pay 6.5 billion euros ($5.5 billion U.S.) and assume $950 million in debt for a 51 percent interest in Veba Oel, an Eon subsidiary that owns Aral, Germany's leading chain of gas stations, and will have an option to buy the remaining shares beginning in April. BP said it expects annual savings and revenue increases totaling $200 million if it buys the entire company.

Eon will pay 1.63 billion euros ($1.4 billion) for 51 percent of BP unit Gelsenberg AG, which owns 25.5 percent of Ruhrgas, Germany's largest gas importer and one of Europe's three largest natural gas companies. Eon will also have an option to buy the rest of Gelsenberg beginning January.

Eon, which was formed in 1999 through the merger of utilities Veba AG and Viag AG, earlier this year bought British utility Powergen Plc for $7.4 billion, giving the German company a presence in the British and U.S. electricity markets.

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