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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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Holtec, Entergy and Hyundai E&C Announce MOA to Analyze Potential SMR-300 Projects in Gulf South

LCG, August 5, 2026-- Holtec International, Entergy Services, LLC, and Hyundai Engineering & Construction Co., Ltd. (HDEC) yesterday announced their strategic collaboration to evaluate opportunities to advance the potential deployment of Holtec’s SMR-300 advanced small modular reactor (SMR) and supply carbon-free, reliable, base-load power to meet the increasing electricity demands of large-load industrial facilities, advanced manufacturing, and AI-driven data centers throughout the U.S. Gulf South.

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Industry News

Reliant to Acquire Orion Power in $2.9 Deal

LCG, Sept. 27, 2001--Reliant Resources Inc. and Orion Power Holdings Inc. announced jointly this morning that they have agreed for Orion to be acquired by the Reliant Energy Inc. spinoff in a transaction valued at about $2.9 billion.

The companies said Reliant Resources will also assume around $1.8 billion of Orion Power's net debt and that they anticipate that the transaction will be completed early next year.

Houston-based Reliant said it would pay $26.80 per share in cash for Orion, a price that represents a premium of about 40 percent based on recent trading levels for Orion.

Reliant said the deal would bolster its position as a leading provider of wholesale power, gas, and energy services, combining Reliant Resources' 14,100 megawatts of domestic capacity in operation or under construction with Orion Power's 6,500 megawatts.

The acquisition is structured as a cash merger and is conditioned upon approval by Orion Power's shareholders and regulatory approvals. Shareholders owning a majority of Orion Power's outstanding stock, including Goldman, Sachs & Co. and its affiliates, Constellation Energy Group, Inc., Mitsubishi Corp. and Tokyo Electric Power Co. International, have agreed to vote their shares in favor of the transaction.

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