Engineer Lorean Diaz Transforms Waste Into Green Energy Solutions

Engineer Lorean Diaz, a resilient and strategic CEO, as well as a foresighted innovator and analytical leader, has a career journey that stretches from managing $160 billion of Venezuela’s foreign debt to leading the United States-based company Blue Steel Group has been powered by his vision to transform municipal waste into power and fuel.

From Civil Engineering to Sovereign Finance 

Diaz has twenty years of experience working in civil construction, energy infrastructure, financial engineering, and high-level public finance. The success of his career is grounded in his international education. He earned a bachelor’s degree in civil engineering in Colombia, a master’s degree in construction project management from Ryerson University in Canada, and a master’s degree in financial mathematics from the University of Warwick in the United Kingdom. After completing his education, he returned to Venezuela to work.

In the early part of his career, he led multidisciplinary teams in South America for major national and international companies on gas, electricity, and oil infrastructure projects. Diaz worked in Venezuela, Brazil, Colombia, and Ecuador. It was during this time that he noticed an ongoing issue with the financial side of the projects: it was handled separately. This included funding, managing money, and dealing with investors.

Building a successful project was not enough, Diaz understood. He knew they also needed to make financial sense. No matter how well the infrastructure produced by a project performed, it wouldn’t last long-term without investment, staying on budget, or being able to generate a profit or substantial savings.

Recognizing this as an issue, Diaz expanded his knowledge of finance, focusing on investment banking.

Success With Financial Sustainability 

Diaz was later appointed to be General Director of the National Treasury Office of Venezuela. Over the next five years, he worked diligently to restructure Venezuela’s debt portfolio, which was $160 billion USD. He was able to draw on his impressive skillset, combining his engineering and finance knowledge to create a strategy to tackle the refinance and restructuring.

The success of his management of the debt was acknowledged with prestigious international awards from the Inter-American Development Bank, the Andean Development Corporation CAF, was recognized by Leonid B Zborovsky P E and S E former Senior Principal and Partner at Thornton Tomasetti as a top one to two percent civil engineer worldwide, and honored by Luis E Garcia former CEO of CAF and former senior BID official as a top one to two percent engineer.

Turning Waste Into Clean Power 

After his success in Venezuela, Diaz founded the Blue Steel Group. The American company is focused on 100% clean waste-to-energy conversion. Diaz recognized that waste management is a big issue that governments face. Often, 25% of a city’s budget is dedicated to waste management. Landfills contribute significantly to environmental pollution and don’t generate revenue.

Diaz also grasped that many developing countries lack electricity and clean liquid energy sources like biodiesel, gasoline, methanol, and green hydrogen. His education had taught him how to turn waste into electricity and clean fuels using 100% green technologies. The process is emission-free and doesn’t fill landfills.

Now, with proprietary technology, Blue Steel Group has plans for the first waste-to-energy plant in Africa and two in Ecuador, which will create energy deficit solutions in Latin America and Africa. These Ecuador facilities are projected to be among the largest waste-to-energy plants in Latin America, reflecting the scale of Blue Steel’s planned impact in the region.

Blue Steel Group is also preparing to construct large-scale waste-to-energy mega plants in Central America and several Caribbean nations, extending its clean-energy expansion into new regions struggling with landfill overflow and electricity shortages.

As part of its gasification operations, Blue Steel will also produce ammonia and urea as valuable byproducts. Because the process is highly automated, relies on municipal organic waste that is free to Blue Steel, and uses low-cost labor in regions such as Africa and Ecuador, these fertilizer components can be produced at significantly reduced cost. All ammonia and urea generated, key ingredients in global fertilizers, will be sold at approximately 35% below typical market prices exclusively to U.S. fertilizer companies, including CF Industries, Nutrien, The Mosaic Company, Cargill, and Monsanto. This model is positioned to lower the cost of food production in the United States and generate substantial economic savings nationwide.

Blue Steel Group has also received several letters of interest from major hedge funds in the Emirates, including Dubai and Qatar, as well as from Singapore. These institutions have expressed readiness to move forward with significant investments, signaling strong international confidence in Diaz’s clean-energy infrastructure model and bringing overseas capital into the United States.

Because of Diaz’s experience with sovereign finance and bond issuance, he has the knowledge to structure bankable projects and marry “infrastructure impact with strong profitability for United States-based investors.” The business model he has designed will generate billions of USD through the plants, with the earnings being returned to the United States.

Looking Ahead 

As the company expands into Africa, Blue Steel aims to become a leading presence in advanced waste-to-energy technology across the continent, helping nations move away from landfill dependence toward clean and reliable energy systems.

Diaz isn’t just a world-class civil engineer; he is a financial strategist and a foresighted, innovative CEO who has merged his dual expertise into a venture that embraces green energy, infrastructure, and investment. With new projects planned in Central America and the Caribbean and strong investor interest from Dubai, Qatar, and Singapore, Diaz continues to scale Blue Steel Group into a global force in clean-energy development. Through this work, he not only addresses global waste and energy challenges but also supports key U.S. industries with low-cost fertilizer inputs derived from waste-to-energy byproducts.