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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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Entergy Mississippi Highlights New Benefits from Data Centers Are Reducing Customer Bills

LCG, August 27, 2026--Entergy announced today that new revenues from Mississippi data centers are a primary reason why Entergy Mississippi customers will not see their electricity rates increase this summer. The Mississippi Public Service Commission (MSPC) recently approved a rate plan that keeps Entergy Mississippi’s rates below the national average and prevented what otherwise would have been a $4.87 per month increase in July, compared to June rates. Entergy stated that the elimination of the rate increase is an early example of how data centers are directly benefiting their customers.

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Industry News

Wisconsin Energy, NRG Abandon Power Plant Sale

LCG, Sept. 20, 2001--Wisconsin Energy Corp. said this morning that it and NRG Energy Inc. have jointly terminated an agreement by NRG to purchase two power plants owned by Wisconsin Energy in Connecticut. The companies cited regulatory uncertainty as the reason.

"We are disappointed that we have to terminate this agreement, but remain confident that we will be able to profitably sell these assets because of their importance to the New England electricity market, fuel flexibility and skilled workforce," said Richard A. Abdoo, chief executive of Wisconsin Energy. "In the meantime, we will continue to safely and reliably operate these plants."

Wisconsin Energy said it had anticipated the receipt of approximately $350 million in gross proceeds from the sale, adding that the plants have operated profitably and the company expects that the contribution to earnings prior to an ultimate sale will remain positive.

"As we have announced, we are focusing on our core competencies of electric generation and electric and gas distribution in our service territory, pump manufacturing, and continuing our announced strategic priority of focusing on Wisconsin's energy needs with our "power the future" program," Abdoo said. "We remain committed to selling these assets to monetize their value for the benefit of our shareholders."

The power plants, located in Bridgeport and New Haven, Conn., have a combined capacity of about 1,100 megawatts.

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