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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

Utah PSC Authorizes Lake Side Power Project

LCG, November 16, 2004--Utah Public Service Commission authorized PacifiCorp and its regulated affiliate, Utah Power, to proceed with the construction of the 534-MW Lake Side Power Project. The gas-fired project will be located northwest of Provo near Vineyard, Utah and is estimated to cost $330 million.

The Lake Side Power Project will be built by Summit Energy, with a target completion date of 2007. The plant will be owned and operated by PacifiCorp.

In March of this year, the Commission also approved Pacificorp's 525-MW, gas-fired Currant Creek power project, which was estimated to cost $345 million. Both plants are expected to be included in PacifiCorp's ratebase.

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