The Government of Guyana has issued a preliminary call for investors to participate in two major energy-related projects at Wales, West Bank Demerara, as it advances efforts to build out an integrated energy and industrial hub anchored by the country’s flagship Gas-to-Energy (GtE) development.
In a notice from the Office of the Prime Minister, authorities invited expressions of interest for investment in the proposed Guyana Ammonia and Urea Plant Inc. (GAUP) and the Guyana Gas Bottling and Logistics Company (GGBLC), both expected to be located near the GtE combined-cycle power plant and natural gas liquids (NGL) facility currently under development at Wales.
The government said the GAUP project, with an estimated cost of US$300 million, will allow investors to contribute up to US$5 million each, though higher investment amounts may be proposed. The project is aimed at producing ammonia and urea, key inputs for fertiliser, as Guyana seeks to expand value-added use of its natural gas resources.
For the gas bottling and logistics company, the government has set a target cap of US$1 million per investor for a project estimated at US$40 million. The initiative is expected to support downstream distribution of gas products and strengthen domestic energy logistics.
Both companies will be privately held and not publicly traded. The government indicated that investors can assume a guaranteed annual return of 10%, with preference to be given to Guyanese nationals, including those in the diaspora, though all interested parties are eligible to apply.
Interested investors are required to submit detailed information, including legal and beneficial ownership, identification, contact details, and proposed investment terms. Submissions are due by May 15, 2026, and must be addressed to the Chairman of the National Procurement and Tender Administration Board.
The government emphasised that the current notice represents a preliminary expression of interest and that final terms and conditions may vary. Authorities also reserved the right to accept or reject any submission and to modify or cancel the process at any stage.
The call forms part of Guyana’s broader strategy to monetise its growing natural gas resources and diversify its economy beyond crude oil production. The Wales development — a central pillar of that strategy — is expected to deliver up to 300 megawatts of power and supply gas for industrial use, significantly lowering electricity costs and enabling new manufacturing opportunities.
Officials have previously said the integrated facility, which includes an NGL plant and power generation infrastructure, will provide a reliable supply of gas to support industries such as fertiliser production, petrochemicals, and other energy-intensive manufacturing.
Guyana, which has seen rapid economic expansion following major offshore oil discoveries, is positioning the Wales hub as a catalyst for industrialisation, job creation, and long-term energy security.