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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

Nicor to Sell Midwest Contracts to Constellation

LCG, March 13, 2003Nicor Incorporated, which serves customers in several states, will sell energy-related contracts to Constellation Energy Group.

Constellation is likely to take over contracts to supply electricity in Michigan and Illinois, and contracts in Indiana and Michigan to supply natural gas.

The financial aspects of the pending deal have not been released, but the arrangement is likely to be set by April 1.

Nicor is under investigation by the U.S. Securities and Exchange Commission for allegedly unlawful financial reporting.

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