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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

Groundbreaking for New LNG Terminal in Mississippi

LCG, October 16, 2008--The ceremonial groundbreaking occurred yesterday for the Gulf LNG Clean Energy project located southeast of Pascagoula on the Pascagoula Bayou Casotte Ship Channel. When completed, the liquefied natural gas (LNG) terminal will enable 150 tankers per year to deliver natural gas from Africa. The project is scheduled for completion in late 2011 and is estimated to cost $1.1 billion.

The project owners are El Paso (50%), The Crest Group (30%), and a subsidiary of the state-owned oil company of Angola, Sonangol USA (20 percent).

The LNG terminal will have two storage tanks, with a combined capacity of 6.6 Bcf. The project includes approximately 5 miles of 36-inch diameter pipeline that will enable deliveries from the terminal to interstate pipelines, including Gulfstream, Destin, Florida Gas Transmission and Transco. The delivery capacity from the terminal to the interstate pipeline system will be approximately 1.3 Bcf/day.

The project was first announced in 2004 and received approval from the Federal Energy Regulatory Commission (FERC) in February 2007.
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