JONATHON

DAVID BLACKBURN +44 07449 772438 [email protected]

EDUCATION

University of Cambridge, Judge Business School (Churchill College), Cambridge, UK Master in Technology Policy (Expected June 2013) Course Focus: Energy and Environmental Finance, Policy, and Development GRE Score: Math 800, Verbal 700 (Composite 99th percentile); GMAT Composite Score: 700 Mississippi State University, Starkville, MS, USA Bachelor of Science in Chemical Engineering (2005) Grade Point Average: 3.72/4.0, Magna Cum Laude (Equivalent to UK First) National Merit Scholar Graduate Coursework in Engineering Management, Duke University, Durham, NC, USA Courses: Finance and Accounting, Marketing, Management

WORK EXPERIENCE
Southern Company, Birmingham, AL, USA (2008 2012) Financial Analyst, Market Analysis and Structuring (Southern Power Finance) Participated in competitive generation business case development using discounted cash flow and internal rate of return models, hurdle rate inputs and adjustments, dispatch projections via proprietary modeling software, and pricing and contract term negotiations with counterparties Performed ad hoc analyses for energy traders in short-term power and natural gas markets to compare potential capacity/energy sales to expected margins from selling generation into the Southern Company combined power pool Assisted with pro forma project valuation model development as needed, including combined cycle, combustion turbine, solar, and biomass potential acquisition projects Developed and supported monthly billing model spreadsheets for requirements customers and maintained Southern Power resource balance plan by unit Updated long term capacity pricing methodology using Monte Carlo-style simulation techniques, forecasted unit dispatch, customer risk profiles, and company capacity coverage Collaborated with market analysis group to develop long-term electricity price and demand forecasts, environmental compliance cost scenarios, individual unit resource availability, and regional reserve margins Selected Projects Participated in successful bid process for Georgia Power RFP and designed offer pricing for ~1000MW of combined cycle and combustion turbine generation capacity and responded to auditor requests for capital lease determination analysis Structured capacity pricing and contract terms of Plant Oleander capacity sale (160MW) to TECO, and tailored product and contract details to customers needs Negotiated capacity pricing and performed resource planning and valuation for Morgan Stanley PPA (250MW combined cycle generation) carrying out mark-to-market derivative analysis Developed busbar total cost analysis in preparation for capacity offer to FPL as an alternative to their self-build combined cycle scenario Collaborated with business development in preparation and submission of electricity requirements service bids for several regional electric cooperatives, including performing total cost to serve analyses, preparing gas hedging strategies, and modeling projected unit dispatch Evaluated potential economic modeling software from external vendors in response to request for proposals and performed cost/benefit analysis versus in-house software Served as corporate representative on Workplace Advisory Team, gathering employee feedback and presenting recommendations to senior management in ongoing benefits improvement process Served on Campus Activities Team recruiting college students for employment positions through participation in career fairs, campus group meetings, and student mentoring

Environmental Policy and Strategy Analyst, Climate & Environmental Strategies Conducted economic evaluations of environmental regulation effects on specific generating units, such as analysis to determine which power plants to build, retire, retrofit, or fuel-switch Followed current and proposed federal and state environmental regulations and communicated developments and implications in a clear and concise manner to operating companies and external stakeholders Participated in permitting activities at new and existing power generation facilities, as well as performed due diligence evaluations of new-build and acquisition power generation projects Selected Projects: Managed environmental due diligence and financial hurdle rate inputs in valuation and purchase of Nacogdoches Biomass Plant acquisition (100MW and ~$500M) Coordinated company environmental land and water strategy budget for 5 operating company subsidiaries (~$10B over 10 years) Managed a team of 7 external consultants in revision of air and water permits in construction of Nacogdoches Biomass Plant and instituted fuel sampling regime to ensure continued environmental compliance Briefed and prepared CEO and CFO on environmental issues for quarterly earnings calls and followed up with equity analysts regarding environmental questions Developed environmental strategy document for Georgia Power Integrated Resource Plan filing and responded to Public Service Commissioners questions as needed Supported Mississippi Power staff in testimony proceedings before Public Service Commission in Plant Daniel Scrubber project filing and Kemper County IGCC business case filing Analyzed effects of proposed EPA utility MACT rule, Transport rule, and Coal Ash rule on Southern Company units and prepared official company comments as part of rule development process J.M. Tate High School, Pensacola, FL, USA (2006 2008) Mathematics Instructor Taught advanced mathematics courses in a rural, economically disadvantaged county in Florida Panhandle as part of a state initiative to improve math/science education Coached the Mock Trial team (12 students), which won the 2008 Florida state championship and competed in National contest in Delaware Served as Varsity Basketball Coach, leading team of 11-15 athletes and organizing Junior Varsity and Middle school programs Won $15K grant for classroom educational technology in nationwide competition PROFICIENCIES Registered Engineer Intern (EIT) in USA Proficient in Microsoft Office products, including Excel and VBA (advanced), Word, and PowerPoint UNIVERSITY INTERNSHIPS Demographics Researcher, International Mission Board, Peru (Spring 2004) Traveled in teams to remote villages in Andes Mountains region of Peru, interviewing residents and assessing needs in advance of potential development assistance projects Blaine Engineering Fellow, Office of U.S. Senator Thad Cochran, Washington D.C. (Fall 2002) Collaborated with legislative assistants in preparing and analyzing legislation, meeting with constituents, and assisting with casework ACTIVITIES/INTERESTS Avid runner, completing ~2 half-marathons each year NCAA-certified University and High School Lacrosse Official Alumni supporter and season-ticket holder, MSU (American) football and Duke Basketball

REFERENCES: AVAILABLE ON REQUEST