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(Bloomberg) -- Fertility startup Kindbody is seeking to raise an additional $50 million to help the company weather larger-than-expected operating losses and a cash burn that it has described to investors as “material.”Most Read from BloombergSaudi Arabia Offers Iran Investment to Blunt Gaza WarCharlie Munger, Who Helped Buffett Build Berkshire, Dies at 99Henry Kissinger, Secretary of State in 1970s Crises, Dies at 100Bill Ackman Bets Fed Will Cut Interest Rates as Soon as First QuarterBond Yiel

NEW YORK, Feb. 1, 2022 /PRNewswire/ -- Kindbody, a leading fertility and family-building care company, today announced that it has signed a merger...

Wind operators suffer $4bn hit in Texas cold snap The average financial impact across all wind farms analysed in the study was $44.4m, with the highest hit for one project being $172.5m by Craig Richard Sign in to continue Breaking industry news and email bulletins Analysis of the lastest trends to help you make informed decisions Searchable content archive dating back to 1994

Renewables consultancy ArcVera has produced a study that reveals the recent bout of cold weather in Texas earlier this year led to over $4bn in financial losses for wind farms in the state. The “ERCOT Market Cold Weather Failure 10-19 February 2021: Wind Energy Financial Losses and Corrective Actions” study points to shortcomings in the hedged financial structures, with “asymmetric price risk leading to significant losses for wind farm operators and gains for counterparties”. The study is focused on wind farm outages reported by the Electric Reliability Council of Texas (ERCOT) grid o...

Editorial: Gov. DeWine, Ohioans need an advocate on PUCO The Columbus Dispatch Gov. Mike DeWine has a lot of good reasons to appoint someone to the Public Utilities Commission of Ohio who is free of any financial ties to the utility corporations the PUCO is charged with regulating. The most important reason is because that’s what Ohioans deserve: commission members who can be expected to look out for their interests rather than those of the utilities. We sympathize with those consumer advocates who are unhappy that DeWine on Jan. 20 rejected all four candidates proposed for a PUCO opening ...