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Fertility Startup Kindbody Seeks to Raise $50 Million, Cuts Sales Outlook

(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 ....

Gwyneth Paltrow , Gabrielle Union , Chelsea Clinton , Annbeth Eschbach , Gina Bartasi , Bloomberg Businessweek , Gregory Poulos , Walmart Inc , New York Based , Venture Arm Makes Fertility Bet , Embryo Errors , Clinic Floods , Company Weather ,

Fertility Startup Kindbody Seeks to Raise $50 Million, Cuts Sales Outlook

Fertility Startup Kindbody Seeks to Raise $50 Million, Cuts Sales Outlook
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Gregory Poulos , Annbeth Eschbach , Chelsea Clinton , Gabrielle Union , Gina Bartasi , Gwyneth Paltrow , Walmart Inc , New York Based , Venture Arm Makes Fertility Bet , Embryo Errors , Clinic Floods ,

Wind operators suffer $4bn hit in Texas cold snap


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
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Texas ice snap 'led to $4bn wind financial losses' - reNews


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 operator for the period 14-19 February 2021, when the grid experienced extensive wind farm downtime, lost energy production, and high hub-settled electricity prices. ....

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