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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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Avangrid Completes Construction of New, 120-MW Solar Project in Oregon

LCG, June 2, 2026--Avangrid, Inc., a member of the Iberdrola Group, today announced that it has completed construction of its Tower Solar project in Oregon and connected it to the electric grid. Once commissioning activity is complete, the project will deliver energy to Portland General Electric (PGE) and help support QTS operations in the region.

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Industry News

Peru Questions Privatization

LCG, June 11, 2002--The privatization of Peruvian electricity assets has been delayed again, and this time a congressional committee is asking, why privatize at all?

State-owned energy companies Egasa and Egesur have almost been up for sale this year. The companies' sale, priced at $156 million, has been repeatedly postponed because of investor worries and public dissent.

Peru has taken in almost $400 million in state sales so far this year and planned to make $700 million by the end of 2002.

The legislature has questioned the sale of Egasa and Egesur and has called Energy and Mines Minister Jaime Quijandria to discuss the motivation behind the sales.

Some people fear that money gained in the sale will be misused and inefficiently distributed, referring to the way the government spent $9 billion raised in the 1990's by then-President Alberto Fujimori.

Peru's Congress will discuss the sales, which are scheduled for Friday, as well as the possibility of changing it to retain veto rights. NRG Energy Inc., Tractabel, Suez, and Statkraft are all set to bid for the companies.

Earlier this year Electric companies Etecen and Etesur were sold for $242 million to the Columbian state-run utility Interconexion Electrica SA, which was the only bidder, although initially other companies were interested in the sale.

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