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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 Owes California $493,00 in Unpaid Taxes

LCG, Jan. 25, 2002--While Enron looks for a new chairman and prepares for numerous legal actions against it, California's Franchise Tax Board is thinking about the taxes the company has yet to pay.

A spokesman for the tax board, Patrick Hill, said that if the company does not pay its taxes by the spring, the board will issue a letter. The outstanding bill of $493,000 has gone unpaid since March 15, 2001. Enron avoided paying taxes to the federal government in four of the past five years, a New York Times reporter discovered.

Letters are sent by the board to 600,000 individuals and 20,000 businesses because of tax delinquency each year.

The measures that could be taken against the company include filing liens, seizing assets, or preventing the company from doing business in the state. About 10 percent of the taxes paid to California, or $4 billion, comes from businesses, Hill said.

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