Mr. Anderson has raised many private as well as public companies for over 25 years. David helped raise tens of millions through public offerings and invested in emerging businesses. Some of David’s early venture companies enjoyed valuations of well above $200 Million. Mr. Anderson co-founded Bison Resources Ltd., a public junior oil company, and served its board until it was sold to Mission Oil & Gas Inc. Centricity, another venture founded by David with a $25,000 seed capital touched $1Billion in market cap. In 2003, David acquired Immersive Media Corporation and launched it as public company at Toronto Venture Exchange. In 2010, David successfully led the acquisition of Future Fuels, a US based energy development company, to form EmberClear. Under David’s leadership EmberClear raised and invested tens of millions in energy assets in North America through joint ventures. In 2012, Immersive Media was spun off as a separate company and it was ultimately sold in 2015 for $100 Million. In 2016, David led a group of private investors to fund operations and reorganized the public debt of EmberClear. David helped streamline the Company’s operations and spun off its coal assets.
Raj’s experience includes public offerings, project finance, deal structuring and strategic planning. Mr. Suri’s energy career started in 1995 with Mobil Corporation. Over the next ten years, Raj led several challenging projects working for premier North American energy companies. At EnCana Corp, Raj led due diligence teams to acquire natural gas assets in the Gulf Coast. At Harvest Natural Resources, he helped negotiate with the Venezuelan Government to acquire oil concessions. At DKRW Energy, Raj supported development of wind energy, gasification and an LNG terminal. Mr. Suri founded Future Fuels in 2006 to build a technology & licensing business with China’s largest power Company – Huaneng Group. Raj acquired and developed coal assets in the Appalachian Region and Eastern Europe. In 2010, following Future Fuels’ merger, Raj became President of EmberClear – a Toronto Venture Exchange Company. In 2016, in response to a severe global commodity meltdown, Raj successfully helped EmberClear reorganize as a private company and moved the Company’s offices to Houston, Texas. EmberClear is managing energy development assets of over $3.5 Billion under its new ownership. Mr. Suri is a Certified Public Accountant and he earned his Masters Degree in Taxation from American University in 1998. Mr. Suri also earned an MBA at Duke University as a Fuqua Scholar in 2004.
Mr. Palumbo brings over 30 years of technical know-how, strategic planning and proven leadership experience to the organization. As an investor, Mr. Palumbo has successfully developed early stage ventures in both the public and private sectors. He has secured and defended regulatory approvals on energy projects throughout the country and abroad. He has overseen designs and permitting of numerous coal, gas and alternative energy power plants in the Northeast and Gulf Coast regions. In 1986, Mr. Palumbo co-founded Quad 3 Engineering Group, a premier architectural & engineering company in the Northeast. James remained President of Quad 3 Group until he joined EmberClear in 2008. As part of an innovation group at General Electric, he helped improve GE’s turbine and alternative fuels technologies. As Chief Engineer of Pennsylvania Gas and Water Company, he was responsible for the infrastructure and delivery of utility services to 120,000 customers. James also developed alternative fuels concepts for the Institute of Gas Technology and published several papers. James is one of the early architects of efficient Anthracite combustion technologies. Mr. Palumbo is registered as a professional engineer in five states. He attended the University of Scranton and earned his B.S. in Engineering at the University of Cincinnati.
Mr. Goff has over 25 years of experience in energy development and project finance, both in the power and chemical sectors. He has extensive experience in contract negotiations, community development and government relations. Steve started his career as a Financial Analyst with Fuji Bank where he successfully developed and financed projects for over $1.5 Billion. Mr. Goff joined EmberClear in 2012 and serves as the lead developer for EmberClear’s methanol and power projects. Prior to joining EmberClear, Mr. Goff spent six years as Vice President of Development/Consultant for US TransCarbon (a JV between D.E. Shaw and Goldman Sachs), developing a gasification to ammonia/methanol project in Donaldsonville, Louisiana. Steve also developed a 42MW geo-thermal power project in Nevada. During his tenure at Florida Power & Light Energy in the early 2000’s, Mr. Goff was the lead developer of 1900 MW FPL Forney – one of the largest natural gas-fired power plants in the world. Steve also developed a number of co-generation power projects in the US Gulf Coast region while working for Air Liquide America. Additionally, Steve worked on Enron’s natural gas to iron carbide project in Mozambique. Mr. Goff earned a Bachelors of Science in Finance and an MBA from Louisiana State University.
Ms. Murphy has 25 years of experience in the development and financing of independent power, utility, pipeline, chemical, and gasification projects around the world. She has been a lead developer and participated in the closing of more than $1 billion of successful energy independent power plant (IPP) transactions involving waste gas, biomass, geothermal, natural gas, hydro, cogeneration, and coal. She is experienced in developing projects from concept through completion, with a special emphasis on deal structuring and project financing. In the IPP industry, she worked at HYDRA-CO Enterprises Inc., Air Liquide America (cogeneration and chemicals), and Nations Energy. At DKRW Advanced Fuels, she was the program manager responsible for managing the development of the multi-billion dollar Medicine Bow Coal-to-Gasoline Project in Wyoming (20,000 bpd gasoline; including CO2 sales to enhanced oil recovery users). She was involved in negotiating the key technology licenses, feedstock, and sales agreements for the Wyoming project. Prior to joining EmberClear, she led the Permian Basin Marketplace for Key Energy Services (oil and gas services) with a team to grow the $270 MM per year business including rigs, pressure pumping, wireline, and trucking. Ms. Murphy has been with EmberClear since 2011 and holds a Bachelors of Science from the University of Rhode Island, and an MBA and Masters of Science from Syracuse University.
Ted Leisenring has over 30 years of experience in sales and project development in the energy industry. He has extensively worked with state and local governments to secure permits and approvals necessary for project development. Prior to joining EmberClear, Mr. Leisenring was developing gas to liquids plants in North America for Synfuels Americas to supply its products to oil refineries in the Philadelphia energy market. He also worked with the Department of Energy in developing a prototype plant that will concentrate Rare Earth Elements from coal ash. Ted was formerly the Vice President of Sales for Westmoreland Coal Company responsible for coal sales to utilities, steel companies and cogeneration projects. Mr. Leisenring was one of the founders of Westmoreland Energy, a division of Westmoreland Coal Company. During that period, Ted and his development team brought eight coal and gas fired cogeneration projects to commercial operation. Ted’s international experience includes coal sales to electric utilities and steel companies worldwide as well as the development of coal mines in China with Asian American Coal Inc. Mr. Leisenring has holds a BS in Economics from Union College and he earned his MBA from The Wharton School, University of Pennsylvania, in 1988.