PETROSOL Platinum Energy is considering a long-term capital-raising strategy through the Ghana Stock Exchange (GSE) as it seeks to finance further expansion across Ghana’s oil marketing and renewable energy sectors.
The company disclosed the plan following an engagement with the Ghana Investment Promotion Authority (GIPA), led by its Chief Executive Officer, Mr Simon Madjie, to discuss PETROSOL’s contribution to Ghana’s economy, growth plans, investment opportunities, and long-term financing strategy.
PETROSOL said it plans to raise long-term capital through the Ghana Stock Exchange to support “sustainable expansion in oil marketing and renewable energy.”
The move forms part of the company’s broader strategy to strengthen its financial capacity and position itself for sustained growth within Ghana’s energy sector.
“Established in 2006, PETROSOL has grown from a petroleum business consultancy into a broader energy company with more than 100 fuel stations and a renewable energy subsidiary,” the energy firm stated.
The company said its operations are guided by its commitment to “providing reliable energy solutions, creating sustainable employment, maintaining strong tax and regulatory compliance, and upholding international standards.”
It added that its triple ISO certification reflects its commitment to international standards and best industry practices.
Madjie commended PETROSOL for its “resilience, governance, compliance, and commitment to best industry practices,” according to the company.
The engagement comes as PETROSOL seeks to deepen its role in Ghana’s energy industry while attracting capital to support its expansion plans.
The company said it appreciates GIPA’s support and looks forward to “deepening the partnership while pursuing sustainable growth, value creation” and its ambition to become a more resilient and internationally benchmarked Ghanaian energy company.
A successful capital-raising exercise through the GSE could give PETROSOL access to patient capital to support its expansion while strengthening its corporate governance and positioning the company to compete more effectively across regional and international markets.
