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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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Constellation Files License Renewal Applications with the NRC for Two New York Units

LCG, June 29, 2026--Constellation announced on June 26 that it has filed license renewal applications with the Nuclear Regulatory Commission (NRC) to extend for 20 years the operations of Ginna Clean Energy Center and Nine Mile Point Unit 1 reactors in upstate New York to 2049. Constellation stated that it's decision to invest in these plants to extend their safe and reliable operations into mid-century demonstrates that New York State's renewal of its Zero Emissions Credit (ZEC) program is working as intended. Furthermore, Constellation stated that maintaining its nuclear fleet is estimated to save New Yorkers $50 billion and sustain reliable emissions-free generation resources to serve increasing electricity demands.

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Industry News

Enel Buys 40% Stake in Camuzzi Gazometri

LCG, Oct. 17, 2001--Italy's government-owned electric utility Enel yesterday acquired a 40 percent stake in Camuzzi Gazometri for 434 million euros ($400 million U.S.), the Financial Times reported this morning.

Enel, which wants to be all utilities to all Italians, providing service under one brand name for electricity, gas, water and telecommunications, made its first purchase in the natural gas sector last June. It has since gobbled up 13 gas distribution companies.

The stake in Camuzzi Gazometri, which it has the option of expanding to 100 percent by the end of next year, will make Enel Italy's second largest gas distributor after Gruppo Italgas.

Enel bought its 40 percent stake from Mill Hill Investments, Camuzzi Gazometri's controlling shareholder. The Financial Times says the acquisition means Enel could achieve its target of acquiring 2 million residential natural gas customers by the end of next year - two years ahead of its original target date.

According to the paper, Enel and Mill Hill investments have put in a place a series of management mechanisms to ensure that Camuzzi is managed "in their common interest". The agreement gives Mill Hill an option to buy back its 40 per cent stake by October of next year at a price that is 25 per cent above Tuesday's sale price, the report said.

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