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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

NRG Energy to Buy 2,255 Megawatts of Generation

LCG, July 11, 2001NRG Energy Inc. said yesterday it has agreed to purchase power plants with a total capacity of 2,255 megawatts from Indeck Energy Services, a company specializing in the development of generating stations.

NRG said the portfolio includes combined-cycle and peaking power plants that primarily serve the Chicago energy market. The company expects the acquisition to achieve financial close this month.

"The acquisition of these assets complements NRG's strategy of developing significant generationwith the Chicago-St. Louis-New Orleans corridor," said chief executive David H. Peterson. "This marks a new development in our long relationship with Indeck as they are now providing project development services to NRG."

The assets include the Rockford I and II Energy Centers, located 75 miles west of Chicago inRockford, Ill.; Bourbonnais I and II Energy Centers, located 50 miles south of Chicago; and the IlionEnergy Center, located in central upstate New York, NRG said.

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