Liquidity has returned to US energy markets since the collapse of Enron, but the issue of credit remains a stubborn problem. Société Générale's (SG) deal with MX Energy earned it Energy Risk's Deal of the Year award due its innovative credit solution and the opportunities it affords the client for future growth.

The deal highlights SG's determination to drill down into a problem to find a total solution where others had been only partly successful. It demonstrates SG's ability to understand a