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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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Avantus and Clean Power Alliance Sign PPA for 200-MW Solar Plus Storage Facility for Southern California Communities

LCG, July 13, 2026--Avantus, an independent power producer (IPP), and Clean Power Alliance (CPA) today announced a 20-year power purchase agreement (PPA) for the Rexford 2 solar and storage project in Tulare County, California. The project will deliver 200 MWac of solar power combined with a 200 MW/800 MWh of battery energy storage system (BESS) to the California grid. The project is scheduled to commence construction in 2027 and achieve operations in late 2028. Commercial operations under the PPA are scheduled to start in May 2029. Avantus plans to own and operate facility.

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Industry News

El Paso Says No "Round-Trip" Trades

LCG, May 20, 2002-Energy trader El Paso denied using the "round-trip" Enron memo trading strategy.

When memos were released relating Enron to electricity trading strategies designed to manipulate the California market, the Federal Energy Regulatory Commission ordered over a hundred energy companies to state whether they participated in any of twelve strategies.

Today El Paso Corporation, a natural gas pipeline and energy trading company, said that it did not participate in the "round-trip" trades, which involve selling electricity and then buying it back at the same price with the intent of increasing trading volumes.

Meanwhile corporations such as CMS Energy are facing multiple shareholder lawsuits after admitting to such trading practices. Reliant Resources also admitted to using "round-trip" trading, and Dynegy Inc. is under investigation by the Securities and Exchange Commission.

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