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Washington, DC – The Export-Import Bank of the United States (EXIM) presented the Guyana Gas-to-Energy Project the Deal of the Year Award at its 2025 Annual Conference. The companies involved with the project are Lindsayca, CH4 Systems, Enerflex Energy Systems, and ExxonMobil Guyana. Receiving the award alongside the companies is the Ministry of Finance of Guyana.

“As the first project Guyana is doing with US EXIM, the project stands as a fitting testimony to the enduring and indeed the growing strength of the relationship between the United States of America and Guyana,” stated Dr. Ashni Singh, Minister of Finance, Cooperative Republic of Guyana. “President Irfaan Ali’s government and the people of Guyana value and cherish this [Deal of the Year Award] for multiple reasons. The project is truly a transformative one that affords Guyana the opportunity to double our electricity generating capabilities.”

The Gas-to-Energy Project plays a significant role in supporting U.S. geo-economic and political objectives while advancing critical energy infrastructure in the Western Hemisphere. The $527 million transaction will aid the construction of a natural gas separation plant, 300 MW combined gas turbine power plant and services related to the gas supply pipeline near Guyana’s capital, Georgetown. The project will allow Guyana to transition to more reliable and cleaner energy for consumers and business by using natural gas-powered turbines to generate electricity. 

“The Guyanese Gas-to-Energy Project is a strategically important energy project,” said Acting President and Chairman Jim Cruse. “This project upholds Bank priorities and charter mandates while supporting more than one thousand jobs across the country.

“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.” 

"Our experience with EXIM has been instrumental in expanding our international operations,” said Juan Bellosta, CEO of CH4 Systems. “Their support enabled us to confidently pursue the Gas-to-Energy project, mitigate financial risks, and offer competitive terms to the government of Guyana. EXIM’s involvement has truly been a catalyst for the CH4 Group’s growth in 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,” said John Colling, Vice President of ExxonMobil Guyana. “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.”

Lindsayca, based in Houston, Texas, and CH4 Systems out of Puerto Rico were contracted to build the project while Enerflex, also based in Houston, will serve as a major supplier of required services. ExxonMobil Guyana, a subsidiary of Spring, Texas-based ExxonMobil Corporation, constructed the 130-mile pipeline for the project. 

The project also falls under EXIM’s China and Transformational Exports Program mandate, as the numerous U.S. companies that were ultimately awarded the contract faced direct competition from the People’s Republic of China. 

ABOUT EXIM BANK:  
 
The Export-Import Bank of the United States (EXIM) is the nation’s official export credit agency with the mission of supporting American jobs by facilitating U.S. exports. To advance American competitiveness and assist U.S. businesses as they compete for global sales, EXIM offers financing including export credit insurance, working capital guarantees, loan guarantees, and direct loans. As an independent federal agency, EXIM contributes to U.S. economic growth by supporting tens of thousands of jobs in exporting businesses and their supply chains across the United States. Learn more at www.exim.gov.