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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

Dynegy Completes Buy of Two New York Power Plants

LCG, Jan. 31, 2001Dynegy Inc. said yesterday it had completed the purchase of two New York power plants with a combined capacity of 1,700 megawatts. Central Hudson Gas & Electric Co. was the principal seller.

Dynegy bought the 500 megawatt natural gas-fueled Danskammer plant outright from Central Hudson and the 1,200 megawatt Roseton plant, which can burn either gas or fuel oil, from Central Hudson which owned 35 percent of the facility and its co-owners, Niagara Mohawk Power Corp. which owned 25 percent and Consolidated Edison Co. of New York which had a 40 percent interest.

Central Hudson said the sale price for both plants was $903 million and estimated its share of the sale, after recovery of taxes and undepreciated book costs, is approximately $296 million.

Central Hudson said it had contracted with Dynegy for a portion of the output of the plants, but cautioned that it was no longer the controlling factor in the price of power sold to its retail customers.

"Though we have contracted to purchase a portion of the output from the Roseton and Danskammer plants to stabilize bills for the next few years, we don't have the ability to control electricity supply costs in the long term because we no longer own large generation plants. In the future, the market will determine prices," warned Paul J. Ganci, chief executive of Central Hudson's parent holding company.

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