Early-stage venture capital firm Auxxo announced today that it has raised €33.3 million (USD$38.2 million) at the final close of Auxxo Female Catalyst Fund II, aimed at backing female co-founded startups across Europe at the pre-seed and seed stages. The fund marks Auxxo’s second Female Catalyst Fund, following the launch of the first vintage of the fund in 2021, which…
16 States Warn Big 4 Accounting Firms Over “Pushing Climate-Related Disclosures”
A coalition of 19 state Attorneys General* announced the publication of a letter to Deloitte, EY, PwC and KPMG, warning the Big 4 accounting firms of potential violations of state laws and duties of independence “by committing to push for climate-related disclosures in financial reporting.” The letter, led by the AGs of Florida, Texas, Nebraska and Alaska, noted in particular…
CIP Acquires Wind and Battery Project in Australia
Energy infrastructure investment manager Copenhagen Infrastructure Partners (CIP) announced the acquisition of Gawara Baya, a hybrid onshore wind and battery energy storage project (BESS), from Australian renewable energy developer and operator Windlab. The transaction was made through Copenhagen Infrastructure V (CI V), the fifth vintage of CIP’s flagship fund series, focused on investing in new energy transition projects in low-risk…