The Export-Import Bank of the United States (EXIM) has awarded its prestigious Deal of the Year Award to the Guyana Gas-to-Energy Project at the 2025 annual conference, the institution announced on April 30.
The winning collaboration includes Lindsayca, CH4 Systems, Enerflex Energy Systems, ExxonMobil Guyana, and Guyana’s Ministry of Finance.
EXIM said the US$527 million project “strengthens U.S. geo-economic and political interests while advancing energy infrastructure in the Western Hemisphere.”
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It will fund the construction of a natural gas separation plant and a 300 MW combined gas turbine power plant, along with services linked to a gas supply pipeline near Georgetown. By harnessing natural gas-powered turbines, the project will supply Guyanese homes and businesses with more reliable and cleaner electricity.
Lindsayca, based in Houston, and Puerto Rico’s CH4 Systems are responsible for building the facilities, while Houston’s Enerflex is a key service provider. ExxonMobil Guyana Limited constructed the 130-mile pipeline and is a subsidiary of ExxonMobil Corporation, headquartered in Houston, Texas.
“The Guyanese Gas-to-Energy Project is a strategically important energy project,” acting EXIM President and Chairman Jim Cruse said. “This project upholds Bank priorities and charter mandates while supporting more than one thousand jobs across the country.”
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“In today’s global environment and being a proud U.S. company competing in a very volatile energy market, the international arena is not always a level playing field,” said Nelson Drake, Senior Vice President of Business Development for Lindsayca. “EXIM helps all U.S. companies level that playing field, helping U.S. products, engineering, and jobs flourish. We are very fortunate to have such an entity.”
Juan Bellosta, CEO of CH4 Systems, noted that, “Our experience with EXIM has been instrumental in expanding our international operations. Their support enabled us to confidently pursue the Gas-to-Energy project, mitigate financial risks, and offer competitive terms to the government of Guyana.” He said EXIM’s involvement has truly been a catalyst for the CH4 Group’s growth in Guyana.
According to John Colling, Vice President of ExxonMobil Guyana, EXIM’s support of Guyana’s transformative Gas-to-Energy project will help provide cleaner, more affordable, and more reliable energy to Guyanese families and businesses.
He added, “ExxonMobil Guyana and its Stabroek Block co-ventures continue to make strategic investments in Guyanese communities to help build the country’s capacity and global competitiveness. These investments, coupled with EXIM’s, will help bolster Guyana’s sustainable development and economic diversification.”
The award-winning initiative also aligns with EXIM’s China and Transformational Exports Program, with U.S. firms outcompeting Chinese counterparts to secure the contract.
