The importance of (and challenges facing) renewable generation and independent power producers (IPPs) in increasingly green Spanish and French electricity systems. Independent Power Producers (IPPs) are gaining ground thanks to lower technology costs, supportive regulation, and growing demand for clean energy. But challenges remain: price volatility, grid constraints, and financing [...]

After the contraction of the real estate market in 2023 due to inflation and rising interest rates, the sector started to recover in 2024 thanks to a reduction in the cost of financing and a rebound in sales. By 2025, this trend is expected to consolidate, although limited supply will [...]

As a European credit rating agency with a strong focus on the Spanish and French markets, EthiFinance Ratings has taken a keen interest in how 2024 proved to be another year of sustained growth for the tourism industry, continuing the upward trend seen since the pandemic. Indeed, tourism minister Jordi [...]

This study provides an analysis of the economic performance of 28 French social housing providers, representing 10% of the national market. Based on EthiFinance Ratings’ 2024 credit rating assessment and financial data from FY 2023, it highlights the sector’s key challenges and opportunities. The report also presents EthiFinance Ratings’ insights [...]

Through this study EthiFinance provides an analysis of the ESG maturity of the industry, based on a review of public data from 60 asset managers in Spain. It also highlights the main emerging ESG trends that are gaining force in the industry, as impact investment, biodiversity and transition. Finally, the [...]