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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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Avantus and Clean Power Alliance Sign PPA for 200-MW Solar Plus Storage Facility for Southern California Communities

LCG, July 13, 2026--Avantus, an independent power producer (IPP), and Clean Power Alliance (CPA) today announced a 20-year power purchase agreement (PPA) for the Rexford 2 solar and storage project in Tulare County, California. The project will deliver 200 MWac of solar power combined with a 200 MW/800 MWh of battery energy storage system (BESS) to the California grid. The project is scheduled to commence construction in 2027 and achieve operations in late 2028. Commercial operations under the PPA are scheduled to start in May 2029. Avantus plans to own and operate facility.

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Industry News

PSEG Global Bid Wins Peru's Electroandes

LCG, July 24, 2001Public Service Enterprise Group Inc. subsidiary PSEG Global said yesterday its offer of $227.1 million was the winning bid in an auction of Peru's sixth-largest electricity generator, Empresa de Electricidad de los Andes S.A.

PSEG will also invest $17.5 million in the company over the next five years, a condition of the bidding.

Electroandes' owns four hydroelectric installations with 183 megawatts of capacity, about 6 percent of Peru's total, and 460 miles of transmission lines located in the Central Andean region, northeast of the capital city of Lima.

"This purchase diversifies our portfolio into hydroelectric generation and is consistent with ourcorporate strategy of building sustainable businesses in carefully selected markets that provide strongearnings growth and create synergies with existing investments," Robert L. Logan, president of PSEG Americas, the company's Latin America subsidiary, said in a statement.

Up to 40 percent of Electroandes has been reserved for employees and the firm's largest customer, who would pay the same price as PSEG Global and have 10 days to exercise their options. Employees can purchase up to 10 percent of Electroandes and the customer, U.S.-owned Doe Run Peru, a copper mining company, can buy 30 percent.

The acquisition of a controlling interest in Electroandes, together with PSEG Global's 44 percent stake in electricity distributor Luz del Sur, makes the U.S. company the largest foreign investor in Peru, PSEG said.

Logan said "PSEG Global has confidence in the Peruvian system, and we look forward to working with local officials, Electroandes' employees and our customers to build a strong partnership for the future."

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