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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

Reliant Plans 580 Megawatt Arizona Plant

LCG, Sept. 5, 2001--Reliant Energy Wholesale Group said yesterday it plans to build another combined-cycle generating power plant in Arizona near its recently completed Desert Basin facility southeast of Phoenix.

The 580 megawatt plant is scheduled to begin commercial operation in 2004, and will be doubled in size if regional demand for power justifies the expansion. Another 580 megawatts could be added by 2009, the company said.

The new plant, which will be called Signal peak after a nearby landmark, will consist of two natural gas-fueled combustion turbines and one steam turbine spun by a heat recovery steam generator. The steam will be returned to liquid water in an air-cooled condenser which requires only about 300 acre-feet of water per year, Reliant said.

"Signal Peak will be a valuable energy resource that's designed to meet the region's need for electricity while protecting the environment and conserving precious water supplies," said Jack Farley, western region president of the wholesale group.

Reliant Energy Wholesale Group is a unit of Houston-based Reliant Resources Inc.

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