Jamaica powers Excelerate Energy to record year, despite hurricane setback

Excelerate Energy delivered record financial results in 2025, with its Jamaican operations emerging as the single biggest driver for the US-based liquefied natural gas (LNG) company. The company reported full-year net income of US$167 million and adjusted earnings before interest, depreciation, and amortisation (EBITDA) of US$449.3 million, up 29 per cent from $348.2 million in 2024. Revenue more than doubled from the prior year’s LNG, gas and power segment, climbing to US$631.6 million from US$239.3 million – a surge the company attributed directly to its Jamaican acquisition.