A whole new ball game
Credit Risk
Following the Enron bombshell, with energy firms still facing difficulties convincing investors and rating agencies that they have a sound financial profile, it is credit that has come to the fore as one of the most important issues for energy companies.
One of the main impacts of Houston-based Enron’s collapse has been to shrink the amount of credit that energy companies are prepared to extend to one another as a matter of course, says the chief credit officer at one US energy
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