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A whole new ball game

Enron’s bankruptcy has changed the playing field for credit risk in the energy sector. Kevin Foster reports on the renewed significance of assessing credit quality

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

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