GreenFire Energy, Inc. Strengthens Advisory Board with Managing Director from JMP Group

EMERYVILLE, CA

Joseph Osha, Formerly with Bank of America Merrill Lynch and Gravity Renewables is Appointed

GreenFire Energy, Inc. today announced the appointment of Joseph Osha to its Advisory Board. Joe is a Managing Director and the senior analyst in charge of alternative energy and energy technology equity research at JMP Group. JMP is an investment banking and asset management firm based in San Francisco, CA.

Joe was an early member of the GreenFire Energy management team and held the role of Chief Financial Officer for one year, prior to joining JMP Group. He oversaw the company’s financing, accounting and cost analysis activities and most notably he worked with private sector and public sector partners to build a detailed cost model for GreenFire Energy’s technology. Prior to GreenFire Energy, Joe served as Chief Financial Officer at Gravity Renewables, an investor-backed owner, operator and developer of small hydroelectric power plants in the U.S. Gravity successfully executed several equity capital raises and completed several hydropower asset acquisitions during Joe’s tenure.

Joe spent more than 20 years working on Wall Street as a highly ranked analyst and manager. At Bank of America Merrill Lynch he served as Head of Asia ex-Japan Equity Research, based in Hong Kong. Most recently in the U.S., Joe was Deputy Head of Americas Equity Research, supervising several industry groups as well as chairing the Bank’s equity recommendation review committee and transactions vetting process. As an equity analyst, he covered a variety of industries, including microelectronics in Japan and the U.S., as well as alternative energy in the U.S. 

Joe has been involved in several alternative energy public equity offerings including SolarCity, Enphase Energy and NRG Yield. He has been publicly ranked by organizations including Institutional Investor, the Wall Street Journal, Bloomberg and Nikkei for his work as an analyst. Joe has an MBA with High Distinction from the University of Michigan and has a Masters degree in East Asian Area Studies, also from Michigan. He has a B.A. in business administration from the University of Richmond and he is a Chartered Financial Analyst.

“Joe Osha has contributed so much to GreenFire Energy, Inc., originally creating the cost model for ECO2G™ and now he will serve on the Advisory Board. He is a valued financial expert to our team,” says Joseph Scherer, chief executive officer, GreenFire Energy, Inc.

About GreenFire Energy Inc.

GreenFire Energy, Inc. offers an elegantly simple and standardized solution to harvest the earth’s “thermal battery,” which is by far the largest source of continuous renewable energy. GreenFire Energy’s proprietary technology, ECO2G™, accesses the extremely large, hot and deep geothermal resources that have been previously unreachable. ECO2G’s modular scalable architecture fully exploits deep geothermal resources to provide grid-scale power generation. Equally important, ECO2G provides continuous yet flexible power that quickly responds to the grid’s dynamically changing power requirements. Adding to its advantages, ECO2G is also the most environmentally safe form of grid-scale power.
GreenFire Energy, Inc. has been awarded two grants by the U.S. Department of Energy. GreenFire Energy, Inc. is a privately held company based in Emeryville, CA. Visit us at www.greenfireenergy.com.

ECO2G is a registered trademark of GreenFire Energy, Inc. All other brands, products or service names are or may be trademarks or service marks of their respective owners.

Media Contact
John Muir
SVP Business Development
GreenFire Energy Inc.
888-320-2721
john.muir@greenfireenergy.com