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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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PowerSouth to Install M501JAC Gas Turbine from Mitsubishi Power at Lowman Energy Center

LCG, June 4, 2026--PowerSouth Energy Cooperative (PowerSouth) yesterday announced plans to increase the electric generating capacity at its Lowman Energy Center (LEC), located in Leroy, Alabama. PowerSouth plans to install a second, highly efficient advanced M501JAC gas turbine with a twenty-five year long-term service agreement from Mitsubishi Power. Burns & McDonnell will provide engineering, procurement, and construction (EPC) services.

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Industry News

New Hampshire Electric Rates Hinge on PSNH Bonds

LCG, March 22, 2001If Public Service Co. of New Hampshire is unable to market between $500 million and $550 million in securitized debt by the end of this month, its electric rates will automatically increased by 5 percent on April 1.

The bond issue is one of three securitized debt issues PSNH and other Northeast Utilities subsidiaries plan to issue over the next month and a half, raising a total of around $2.1 billion. As of Tuesday, PSNH said credit ratings on its issue would not be available in time for a sale this month.

Gary Long, president of PSNH, told the New Hampshire legislature that its bond issue would probably be delayed until mid-April. He pointed out that this would allow a 10 percent rate decrease on May 1, adding that if the 5 percent increase took effect on April 1 the total reduction on May 1 would be 15 percent.

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