Company news
Aug 29, 2025
2 min read
BOST Rebrands as BOST Energies, Commits to Green Transition and Profitability
In a bold move aligning with Ghana’s energy transition agenda, BOST has rebranded as BOST Energies, signaling a renewed commitment to sustainability, innovation, and national development. The company aims to lead the charge in clean energy while delivering profitability and strategic value.
By Mabel Adorkor Annang | GBC Ghana
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Published Aug 29, 2025
The Minister for Energy and Green Transition, John Jinapor, has challenged the Bulk Energy Storage and Transportation Company—now rebranded as BOST Energies—to accelerate innovation and investments in line with Ghana’s green transition agenda.
Speaking at the company’s 2025 Annual General Meeting (AGM), Mr. Jinapor emphasized that integrating sustainability into BOST’s core operations would enable it to play a leading role in building a cleaner and more resilient energy future for the country.
“By integrating sustainability into its core business, BOST can lead the way in building a cleaner and more resilient energy future for Ghana,” Mr. Jinapor stated.
At the AGM, the State Interests and Governance Authority (SIGA) reinforced this call, urging BOST Energies to achieve profitability and declare dividends to the government by the close of the 2025 financial year.
SIGA noted that under the performance contract signed with the company, it expects measurable progress in cost optimization, revenue generation, and asset maximization. The Authority stressed that every decision taken by the Board and Management must be justified through BOST’s contribution to national development and value creation for Ghanaians.
Board Chairman, Professor Saint Kuttu, reaffirmed BOST’s mandate of guaranteeing Ghana’s strategic petroleum reserves while ensuring adequate storage and transportation infrastructure. He outlined the company’s ongoing investments in infrastructure rehabilitation, digitalization, and improved governance systems.
“Good governance remains the bedrock of our performance, and the Board has strengthened its governance structures, improved oversight, and ensured accountability in all facets of the organization,” Prof. Kuttu remarked.
The AGM also adopted the audited financial statements for 2024 and approved the company’s official name change from Bulk Energy Storage and Transportation Company to BOST Energies. The rebranding signals a new era as the enterprise aligns with Ghana’s energy transition objectives.
Speaking at the company’s 2025 Annual General Meeting (AGM), Mr. Jinapor emphasized that integrating sustainability into BOST’s core operations would enable it to play a leading role in building a cleaner and more resilient energy future for the country.
“By integrating sustainability into its core business, BOST can lead the way in building a cleaner and more resilient energy future for Ghana,” Mr. Jinapor stated.
At the AGM, the State Interests and Governance Authority (SIGA) reinforced this call, urging BOST Energies to achieve profitability and declare dividends to the government by the close of the 2025 financial year.
SIGA noted that under the performance contract signed with the company, it expects measurable progress in cost optimization, revenue generation, and asset maximization. The Authority stressed that every decision taken by the Board and Management must be justified through BOST’s contribution to national development and value creation for Ghanaians.
Board Chairman, Professor Saint Kuttu, reaffirmed BOST’s mandate of guaranteeing Ghana’s strategic petroleum reserves while ensuring adequate storage and transportation infrastructure. He outlined the company’s ongoing investments in infrastructure rehabilitation, digitalization, and improved governance systems.
“Good governance remains the bedrock of our performance, and the Board has strengthened its governance structures, improved oversight, and ensured accountability in all facets of the organization,” Prof. Kuttu remarked.
The AGM also adopted the audited financial statements for 2024 and approved the company’s official name change from Bulk Energy Storage and Transportation Company to BOST Energies. The rebranding signals a new era as the enterprise aligns with Ghana’s energy transition objectives.