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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

Constellation Sells Guatemala Power Assets to Duke

LCG, Nov. 9, 2001--Baltimore-based Constellation Energy Group said yesterday that it has sold its Guatemalan power plant operations to a unit of Duke Energy Corp. for an undisclosed sum.

Constellation did say that the sale will result in a fourth quarter after-tax write-down of about $28 million.

Through the sale, Duke has acquired Grupo Generador de Guatemala y Cia., S.C.A., which owns two generating plants at Esquintla and Lake Amatitlan having a combined capacity of 167 megawatts.

"Guatemala is a key component of our regional strategy," said Bruce Williamson, chief executive of Duke Energy Global Markets. "With the proximity of these facilities to our operations in El Salvador, this a logical next step in our expansion in the region."

Constellation said it would put the money to work in its North American merchant energy business.

Tom Brady, a vice president, said "At this point in time, owning energy projects in Latin America does not fit with either of our strategies to be a major player in the merchant energy business in North America or a leader in the energy delivery business in Maryland."

Constellation initially acquired the Grupo Generador operations in 1998 when Guatemala began to privatize its government assets. With this sale, the company's remaining Latin American investments will consist of a controlling interest in a Panamanian electric distribution company and two minor investments in a Bolivian generation company and a Latin American energy fund.

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