GEORGETOWN, Guyana – The Guyana government has issued a preliminary call for investors to support key energy projects in Wales, West Bank of Demerara, as part of the country’s gas-to-energy initiative.
The Office of the Prime Minister in a notice, said the government is inviting expressions of interest for investments in two major initiatives to be located near the Wales Gas-to-Energy Combined Cycle Power Plant and Natural Gas Liquids (NGL) facilities.
These include the Guyana Ammonia and Urea Plant Inc. (GAUP), a US$300 million project, and the Guyana Gas Bottling and Logistics Company (GGBLC), estimated at US$40 million.
“For GAUP, the government is targeting investments of up to five million US dollars per investor, while the GGBLC project has a cap of one million US dollars per investor. However, interested parties may indicate higher investment amounts,” the statement said.
The statement said both ventures will operate as private companies and offer a government-guaranteed annual return of 10 per cent.
“We encourage all investors to apply, but we will prioritise Guyanese investors, including those in the diaspora. Interested investors are required to submit detailed information, including ownership structure, identification, and proposed investment terms, as part of the expression of interest process,” the statement from the Office of the Prime Minister noted.
It said submissions must be made to the National Procurement and Tender Administration Board by May 15, 2026.
“The government noted that the current call is preliminary and will inform the structuring of final investment terms ahead of a formal invitation,” the statement added.
