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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

Duke Energy Has 4th Qtr Loss of $2 Billion

LCG, Jan. 29, 2004--Nonrecurring charges of $3.4 billion resulting from asset sales and closure of business units led to a fourth-quarter loss of $2 billion for Duke Energy Corp.

Among assets yet to be sold in 2004 are merchant power plants in the Southeastern U.S., Australian generating plants and gas pipelines, and gas marketing businesses based in Europe. The company expects such sales to trim its $23 billion debt by $3.5 billion to $4 billion this year.

The fourth-quarter losses resulted in a $1.3 billion loss for the year, whereas Duke Energy reported a profit of $1 billion for all of 2002.

Duke Energy's chairman and CEO Paul Anderson, who moved into those positions in November 2003, said the current target was for "modest growth...in the 4 to 6 percent range."
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