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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

Long Island Power Authority Plans 10 Small Peakers

LCG, Oct. 16, 2001--The Long Island Power Authority said yesterday it plans to build 10 small electric "peaking" power plants in Nassau and Suffolk Counties, N.Y., that will add 408 megawatts of capacity by next summer.

The program will be similar to that of the New York Power Authority which, despite minor local opposition, built 10 small peakers in New York City and one on Long Island to get the Big Apple through this year's summer demand.

"We have just barely enough power to meet our summer forecast right now," LIPA spokesman Michael Lowndes said, adding "We've been saying for more than a year that we need more power plants on Long Island."

Lowndes said the combustion turbines -- the outgrowth of recent jet engine research -- will be in addition to other LIPA projects. Projects are underway for development of a 44 megawatt facility in Far Rockaway, a 79 megawatt plant in Glenwood Landing and another 79 megawatt plant in Shoreham, all to be on-line by next summer.

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