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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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Avantus and Clean Power Alliance Sign PPA for 200-MW Solar Plus Storage Facility for Southern California Communities

LCG, July 13, 2026--Avantus, an independent power producer (IPP), and Clean Power Alliance (CPA) today announced a 20-year power purchase agreement (PPA) for the Rexford 2 solar and storage project in Tulare County, California. The project will deliver 200 MWac of solar power combined with a 200 MW/800 MWh of battery energy storage system (BESS) to the California grid. The project is scheduled to commence construction in 2027 and achieve operations in late 2028. Commercial operations under the PPA are scheduled to start in May 2029. Avantus plans to own and operate facility.

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Industry News

Bankrupt Enron to Hold Asset Sale to Fund Settlements

LCG, August 28, 2002-Enron Corporation will sell several significant assets in order to pay for settlements.

Enron announced that Oregon utility Portland General Electric and Transwestern Pipeline Company will be auctioned, along with a 50 percent stake in the Citrus Corporation, a join venture with El Paso Corporation, as will some nine other holdings.

Final bids are expected in November in order to finalize decisions by the end of the year. Decisions will be subject to bankruptcy court approval.

Experts point to the pipeline as the most likely asset to be sold at a fair price because of its reliable source of revenue.

Other financially desperate companies, such as Dynegy Corp., have also made asset sales plans as well.

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