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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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SRP and EDP Renewables Announce Completion of 800 MWh Flatland Energy Storage Project in Arizona

LCG, June 9, 2026--EDP Renewables North America LLC (EDPR NA) and Salt River Project (SRP), a not for-profit public power utility serving central Arizona, today announced the completion of the Flatland Energy Storage project, located in Coolidge, Arizona. The new battery energy storage system (BESS) has a generating capacity of 200 MW and can provide 800 MWh of storage capacity to store energy during times of surplus supply and deliver power to customers when needed to meet peak periods of customer demand.

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Industry News

Halliburton’s COO Named as El Paso Corporation’s New CEO

LCG, July 17, 2003Pipeline giant El Paso Corporation named Douglas Foshee as its new chief executive and president on Wednesday.

Foshee, at age 44, has been at Halliburton since 2001. He began as chief financial officer and was later named COO. Prior to his position at Halliburton he ran oil and gas company Nuevo Energy Co., as well as serving in several positions at ARCO.

El Pasos current director and CEO, Ronald Kuehn, will stay employed as non-executive chairman.

El Paso has faced much scrutiny over the recent years, both legally and from dissident shareholders. The corporation has already started restructuring, emphasizing its natural gas pipeline assets and foregoing several other avenues of investment.

Foshee has successfully lead restructuring efforts in the past and will be responsible for restoring shareholder confidence when he takes up the job in September at a salary of $900,000 per year.

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