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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

Southern Union Shareholders Back Acquisitions

LCG, Aug. 31, 2000Shareholders of Southern Union Co., a natural gas company serving more than 1.2 million customers in four states and Mexico, have approved the acquisition of Providence Energy Corp. of Rhode Island and Fall River Gas Co. of Massachusetts, the company said yesterday.

These acquisitions, along with that of Valley Resources Inc., will add more than 300,000 customers to Southern Union, bringing its customer base to approximately 1.6 million. On Tuesday, Fall River Gas shareholders approved that merger agreement while Providence Energy and Valley Resources shareholders had approved their transactions earlier.

" These positive shareholder responses reflect a vote of confidence that our strategy of enhancingcustomer service while building shareholder value continues to succeed in this changing environment," said Southern Union President and Chief Operating Officer Peter H. Kelley.

Southern Union serves customers in Texas, Missouri, Pennsylvania, Florida and Mexico. Its natural gas operating divisions include Southern Union Gas Co., Missouri Gas Energy Co., PG Energy and Atlantic Utilities Inc.

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