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15/10/2025 Research EN
Spain’s renewable energy push risks running into reliability, pricing, investment obstacles
Spain needs to encourage more investment in its electricity grid and storage capacity by allowing utilities to earn higher returns while ensuring growing volumes of renewable energy do not distort market pricing.

7/10/2025 Research EN
European electricity: Germany, Netherlands, Belgium grapple with EUR 200bn-plus grid capex challenge
Germany, the Netherlands and Belgium need far more investment to modernise their electricity transmission grids through 2034 than southern European countries, hence the importance of having secured most of the EUR 200bn-plus in required funding.

29/9/2025 Research EN
US pharma tariffs redirect investment, spreading credit risk unevenly across sector’s value chain
US plans to slap hefty tariffs on pharmaceutical imports have led European firms to speed up US investment and reset supply chains, the full credit impact of which will depend on the products targeted and whether the extra costs compromise innovation.

24/9/2025 Research EN
European real estate: credit outlook diverges, sets apart investment-grade firms with prime assets
Europe’s real estate market will continue to diverge in credit quality amid residual investor nervousness about assets and owners exposed to refinancing risk, rising refurbishment costs, the uncertain economic outlook and adverse trends in demand.

23/9/2025 Research EN
European corporate defaults show signs of levelling off; risks remain tilted to downside
Two years of rating pressure on European corporates shows signs of easing but credit risk remains tilted to the downside for the rest of 2025 given geopolitical uncertainty, economic headwinds and challenging financing conditions for the smallest firms.

15/9/2025 Research EN
JD.com-backed Ceconomy to intensify competition in Europe’s consumer-electronics sector
The planned acquisition of Ceconomy AG by Chinese retailer JD.com could mark an important shift in European consumer-electronics retailing by creating a more formidable, deep-pocketed player in an already highly competitive sector.

3/7/2025 Research EN
Spanish Corporate Outlook: credit conditions improve; shallow local debt market remains constraint
The credit outlook for Spanish non-financial corporates is markedly favourable compared with the rest of Europe but the shallowness of domestic debt capital markets remains an obstacle for investment and growth at smaller companies, says Scope Ratings.

3/7/2025 Research EN
Europe’s gigafactories: kick-starting sector requires delicate industrial, financial trade-offs
Financial backers of European battery projects face a paradox. Political and industrial impetus to build a resilient regional electric-vehicle (EV) supply chain is strong, but technological, operational and commercial risks are high, says Scope Ratings.