HOUSTON, May 21 (Reuters) - Zachry Holdings, Inc.

, one of the companies building Exxon's Golden Pass

liquefied natural gas plant in Texas, on Tuesday filed for

bankruptcy citing challenges at the project.

The company initiated the voluntary court-supervised

Chapter 11 process to address financial challenges related to

the Golden Pass LNG export terminal site.

Zachry Holdings said it was pursuing a structured exit from

the project and expects to have sufficient liquidity during the

Chapter 11 process.