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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

Enron India's Sale of Gas Assets to BG in Peril

LCG, Oct. 11, 2001--The agreed upon sale by Enron India Oil and Gas of its 30 percent interest in three oil and gas fields to BG Plc of the UK (the former British Gas) is imperiled by the desire of India's Reliance Industries Ltd. to operate the fields after the change of ownership.

Enron's agreement with BG is contingent upon the U.S. company continuing to operate the Panna, Mukta and Tapti fields, which lie off India's western coast, and are considered among the more promising recent finds in the country.

The three fields produce among them about 8 million cubic feet of natural gas per day.

Reliance, which also owns a 30 percent stake in the fields, has applied to the government to be appointed the operator, which could derail the deal, according to sources in India.

Enron said it wants to sell its interest in the fields in order to concentrate on its energy trading business, but the company has also said it wants to simply exit India because of problems with its 65 percent owned Dabhol Power Co. in the Indian state of Maharashtra.

BG said it wants the Panna, Mukta and Tapti fields to supplement its interests in gas distribution and liquefied natural gas in India.

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