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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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Calpine Announces Completion of Expansion Project at The Geysers Geothermal Complex

LCG, June 10, 2026--Calpine, a business unit of Constellation, announced early this week the completion of a 25 MW expansion project at The Geysers geothermal complex located in Sonoma County, California. The addition builds on Calpine's continued investments in The Geysers to support California's renewable energy goals and to provide reliable, around-the-clock renewable power as the demand for clean electricity continues to grow.

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Industry News

Two Former Coastal Corp. Traders Accused of Fraud

LCG, Oct. 30, 2001--The U.S. Commodity Futures Trading Commission yesterday accused two energy traders with defrauding their former employer, Coastal Corp., in an illegal trading scheme five years ago.

Clay Krhovjak and Paul Cochran, who were vice presidents with Coastal's commodity futures trading desk in Houston at the time, were responsible for placing trades with the New York Mercantile Exchange.

They are charged with moving $89,228 from successful Coastal trades into straw man accounts, thus shifting Coastal's profits to themselves.

The Commission said in its complaint that the scheme "ensured Cochran, Krhovjak and other participants risk-free personal profits." The two could face civil penalties and trading prohibitions if found guilty.

Cochran and Krhovjak have already pleaded guilty in a U.S. District Court in Texas. In September of last year, both pleaded guilty to conspiracy to commit commodities fraud, with sentencing expected early next year.

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