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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

California Energy Commission Approves Calpine's 600-MW Russell City Energy Center

LCG, September 27, 2007--The California Energy Commission (CEC) yesterday approved a 600-MW power plant project, known as the Russell City Energy Center, proposed by Calpine Corporation (Calpine). The natural gas-fired project was proposed back in 2001, but California's energy crisis and Calpine's subsequent financial challenges put the project on hold.

Today the project is owned by Calpine and co-investor GE Energy Financial Services, which has a 35 percent interest in the facility. A ten-year, power purchase agreement (PPA) for the full output from the plant is now in place with Pacific Gas and Electric Company (PG&E). Construction is scheduled to start next spring, with commercial operations expected in mid-2010.

The Russell City Energy Center will be built on an 18.8-acre site near the City of Hayward's recycled water treatment facility and will use recycled water.

The project will add a significant quantity of generating capacity to meet the growing demand for electricity in California.




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