{"id":14778,"date":"2025-05-09T07:11:54","date_gmt":"2025-05-09T07:11:54","guid":{"rendered":"https:\/\/www.audaxrenovables.com\/en\/?p=14778"},"modified":"2025-05-13T08:18:12","modified_gmt":"2025-05-13T08:18:12","slug":"audax-renovables-postive-investment-grade","status":"publish","type":"post","link":"https:\/\/www.audaxrenovables.com\/en\/audax-renovables-postive-investment-grade\/","title":{"rendered":"Audax Renovables Improves Its Investment Grade Rating Trend to Positive"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"14778\" class=\"elementor elementor-14778\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6314da46 elementor-section-content-middle elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"6314da46\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-20 elementor-top-column elementor-element elementor-element-1bc06728\" data-id=\"1bc06728\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7ddce908 elementor-widget elementor-widget-image\" data-id=\"7ddce908\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.7.8 - 02-10-2022 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.audaxrenovables.com\/en\/\">\n\t\t\t\t\t\t\t<img width=\"2250\" height=\"818\" src=\"https:\/\/www.audaxrenovables.com\/en\/wp-content\/uploads\/2021\/11\/AUDAX-LOGO-COLOR-RGB.png\" class=\"attachment-full size-full\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.audaxrenovables.com\/en\/wp-content\/uploads\/2021\/11\/AUDAX-LOGO-COLOR-RGB.png 2250w, https:\/\/www.audaxrenovables.com\/en\/wp-content\/uploads\/2021\/11\/AUDAX-LOGO-COLOR-RGB-300x109.png 300w, https:\/\/www.audaxrenovables.com\/en\/wp-content\/uploads\/2021\/11\/AUDAX-LOGO-COLOR-RGB-1024x372.png 1024w, https:\/\/www.audaxrenovables.com\/en\/wp-content\/uploads\/2021\/11\/AUDAX-LOGO-COLOR-RGB-768x279.png 768w, https:\/\/www.audaxrenovables.com\/en\/wp-content\/uploads\/2021\/11\/AUDAX-LOGO-COLOR-RGB-1536x558.png 1536w, https:\/\/www.audaxrenovables.com\/en\/wp-content\/uploads\/2021\/11\/AUDAX-LOGO-COLOR-RGB-2048x745.png 2048w\" sizes=\"(max-width: 2250px) 100vw, 2250px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-20 elementor-top-column elementor-element elementor-element-7b4f0779\" data-id=\"7b4f0779\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-20 elementor-top-column elementor-element elementor-element-66b14c0\" data-id=\"66b14c0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-20 elementor-top-column elementor-element elementor-element-5b02cad\" data-id=\"5b02cad\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-20 elementor-top-column elementor-element elementor-element-1721d3b1\" data-id=\"1721d3b1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-77f23d75 elementor-widget__width-initial elementor-widget elementor-widget-html\" data-id=\"77f23d75\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<iframe src=\"https:\/\/asp.bmeinntech.es\/IFBLayout\/Layout.aspx?layout=MiniHome&client=Audax\" height=\"22px\"  frameborder=\"0\" scrolling=\"no\"><\/iframe>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3e1f7f3d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3e1f7f3d\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-771cd2f6\" data-id=\"771cd2f6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-54c1b2d4 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"54c1b2d4\" data-element_type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.7.8 - 02-10-2022 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h1 class=\"elementor-heading-title elementor-size-default\">Audax Renovables Improves Its Investment Grade Rating Trend to Positive<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4b7e33d elementor-widget elementor-widget-bdt-breadcrumbs\" data-id=\"4b7e33d\" data-element_type=\"widget\" data-widget_type=\"bdt-breadcrumbs.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class='bdt-ep-breadcrumbs-wrapper'><ul class=\"bdt-ep-breadcrumb  breadcrumb-align-center \"><li><a href=\"https:\/\/www.audaxrenovables.com\/en\/\">Audax Renovables<\/a><\/li>\n<\/ul><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-48404194 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"48404194\" data-element_type=\"section\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-539c892d\" data-id=\"539c892d\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5a181db8 elementor-widget elementor-widget-text-editor\" data-id=\"5a181db8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.7.8 - 02-10-2022 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>\u00a0<\/p><h2><strong><span style=\"color: #ff9900;\">\u25cf<\/span> <span style=\"color: #ff9900;\">EthiFinance Ratings, formerly known as Axesor Ratings, has issued a positive assessment of Audax\u2019s performance, based on improvements in the company\u2019s credit and business profile. This improvement is reflected in the fulfilment of financial projections, growth in customer base and energy supplied, increased geographic diversification, and the continued strengthening of financial results<\/span><\/strong><\/h2><h2><span style=\"color: #ff9900;\"><strong>\u25cf <\/strong><strong>The agency also positively values the company\u2019s financial strength, supported by solid profitability, ongoing debt ratio reduction, robust governance policies, and effective risk mitigation\u2014all underpinned by a strong commitment to achieving its ESG goals.<\/strong><\/span><\/h2><p><strong>MAY 9, 2025.\u2013 Audax Renovables<\/strong> (ADX.MC), an international vertically integrated energy group that supplies electricity and gas, and generates 100% renewable electricity, with presence in 9 countries; maintains its <strong>Investment Grade (BBB-)<\/strong> rating by <strong>EthiFinance Ratings<\/strong>, with an <strong>improvement in the trend moving from Stable to Positive<\/strong>. The third consecutive improvement of its rating has been primarily based on the fulfilment of presented financial projections that have materialized in its current competitive and consolidated positioning, as well as solid growth and profitability prospects for the future.<\/p><p>The rating agency favourably values Audax&#8217;s continuous credit improvement, attributable to the progressive strengthening of its business, evidenced by growth in customer base and energy supply volumes. Likewise, it highlights the positive evolution of its financial situation, reflected in the maintenance of margins despite sector volatility, the increase in EBITDA and Net Result, as well as the recurring reduction of financial debt.<\/p><p><strong>EthiFinance Ratings <\/strong>incorporates into its evaluation the strong Governance and ESG policies implemented by the company, which effectively mitigate and manage operational and commercial risks.<\/p><p>From a financial standpoint, the agency emphasizes that in a year marked by significant volatility in the energy market and a complex macroeconomic environment, Audax has shown notable progress in EBITDA growth and debt reduction. Should these positive trends in EBITDA and leverage ratio continue\u2014alongside the realization of projected financials for the coming years\u2014Audax would be well positioned for further upgrades to its credit rating.<\/p><p>For more information, please refer to EthiFinance Ratings\u2019 public report available at:<\/p><p>\u00a0<img class=\"emoji\" role=\"img\" draggable=\"false\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/14.0.0\/svg\/1f449.svg\" alt=\"\ud83d\udc49\" \/> <a href=\"https:\/\/www.ethifinance.com\/en\/ratings\/company\/1431\/7447\">https:\/\/www.ethifinance.com\/en\/ratings\/company\/1431\/7447<\/a><\/p><p>\u00a0<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7a244bf1 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"7a244bf1\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - 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This outlook upgrade reflects the fulfilment of financial projections, growth in customer base and energy supplied, increased geographic diversification, and the continued strengthening of financial results \u25cf [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":14781,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_canvas","format":"standard","meta":[],"categories":[248],"tags":[250,69,252,249,251],"_links":{"self":[{"href":"https:\/\/www.audaxrenovables.com\/en\/wp-json\/wp\/v2\/posts\/14778"}],"collection":[{"href":"https:\/\/www.audaxrenovables.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.audaxrenovables.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.audaxrenovables.com\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.audaxrenovables.com\/en\/wp-json\/wp\/v2\/comments?post=14778"}],"version-history":[{"count":13,"href":"https:\/\/www.audaxrenovables.com\/en\/wp-json\/wp\/v2\/posts\/14778\/revisions"}],"predecessor-version":[{"id":14795,"href":"https:\/\/www.audaxrenovables.com\/en\/wp-json\/wp\/v2\/posts\/14778\/revisions\/14795"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.audaxrenovables.com\/en\/wp-json\/wp\/v2\/media\/14781"}],"wp:attachment":[{"href":"https:\/\/www.audaxrenovables.com\/en\/wp-json\/wp\/v2\/media?parent=14778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.audaxrenovables.com\/en\/wp-json\/wp\/v2\/categories?post=14778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.audaxrenovables.com\/en\/wp-json\/wp\/v2\/tags?post=14778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}