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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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DOE Closes $1.9 Billion Loan to Restart Duane Arnold Nuclear Plant in Iowa

LCG, September 9, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) yesterday announced the financial close of a loan of up to $1.9 billion to NextEra Energy to support the finance of the restart of Iowa's only nuclear power plant, the Duane Arnold Energy Center. EDF has now financed three, carbon-free nuclear plant restarts and completed four concurrent conditional commitments and financial closings under the current Administration. This latest investment, along with the others, advance the Administration's energy dominance agenda and Executive Order, Reinvigorating the Nuclear Industrial Base.

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Industry News

New Peaking Plants Planned for North Carolina

LCG, August 12, 2004--The North Carolina Electric Membership Corp. (NCEMC) is planning to build two power plants in North Carolina to meet the growing summer and winter peaking requirements of its members. The combined capacity of the natural gas-fired peaking plants would be about 600 MW.

According to NCEMC, there are sites under consideration in Person, Anson, Wake and Richmond Counties. The Anson site is southwest of Blewett Falls Lake and south of Clark Mountain, roughly 50 miles east of uptown Charlotte.

The power plant proposed for Person County would have a capacity of 340 MW and is estimated to cost $150 million. The plant would have low-sulfur fuel oil as a back-up. Construction is planned to begin in late 2005 or early 2006, with operations targeted to commence in 2007.

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