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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

PG&E is Running Out of (Natural) Gas

LCG, Feb. 7, 2001Pacific Gas & Electric Co. warned yesterday that its already tight natural gas supplies would be further cut by 10 percent today after expiration of an emergency federal order for gas suppliers to sell the commodity to the cash-strapped utility.

J. Aron & Co., the commodities division of Goldman Sachs, is PG&E's larges natural gas supplier, accounting for about 9 percent of the company's needs. Western Gas Resources of Denver supplies almost another 1 percent. Both companies said they would cease filling orders from PG&E unless they were paid in advance.

A PG&E spokesman said yesterday afternoon "We've received confirmation from two of our suppliers, one our single largest supplier, that they will stop delivery at midnight tonight." He said that five gas suppliers have confirmed that they will continue sales to the utility and another 20 or more suppliers have not yet given an indication.

PG&E will have to dip into its reserves, the spokesman said, but pointed out that the company has only about a week's supply of natural gas in storage. The utility serves some 3.8 million gas customers in Northern California.

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