Rock Rail Germany ready to roll with appointment of rail veteran Hans Leister

Hans Leister

Deutsche Übersetzung

 

Rock Rail is delighted to welcome leading German rail industry expert Hans Leister as a member of the Advisory Board of its newly formed German business. Hans is already working alongside members of the Rock Rail team supporting them in the introduction of unique funding solutions for the German railway.

Hans has almost thirty years of experience in the German rail sector spanning regional transport authorities, state owned and private sector operators and infrastructure managers. He has been a leading force in shaping key parts of the industry. In his roles with the states of Brandenburg and Berlin, as well as VBB (the transport authority for Berlin and Brandenburg) and Deutsche Bahn, he was responsible for the development of the rail network servicing the capital and its surrounding regions. Hans went on to restructure the German businesses of rail giants Transdev and Keolis before returning to VBB, managing tenders and contracts across the region.

European rail industry expert Andrew Chivers is also joining Rock Rail as a member of the Advisory Board for the new German business. Andrew has over 40 years of rail industry experience including managing director roles for several train operating companies. Most recently in Germany he led the successful market entry and establishment of National Express as a new regional train operator. Andrew has extensive experience of rolling stock procurement and management of rolling stock programmes from initial business case through to full implementation. Together with an established network of rail industry partners in Germany, Andrew brings valuable safety, commercial and operational expertise to the group.

Prior to these latest appointments, Rock Rail has been active in the German market. It first engaged the services of German-speaking rail experts Christian Forster and Markus Fröhlich of Apex Rail last year and is continuing to work with them and with regional transport authorities, operators and manufacturers on several upcoming rolling stock funding projects.

Mark Swindell, CEO of Rock Rail, said: “We are delighted to welcome Hans and Andrew to Rock Rail’s German business. Their experience and knowledge of the German regional rail sector will be of tremendous value as we tailor our funding model to deliver better value and greener rail solutions for the market to meet the needs of passengers, transport authorities, operators and manufacturers as well as our investment partners”

Rock’s pioneering funding model is based on long term, direct funding from institutional investors. Elsewhere in Europe this has seen almost €3.5 billion of institutional investment in new, state-of the-art rolling stock over the last 4 years, helping transform passenger journeys and supporting greener rail travel. Building on its existing relationship with German based pension funds and insurance companies, Rock has tailored its approach for the German market and offers a highly competitive, off balance sheet solution that is fully compliant with the 4th Railway Package.  Rock’s model removes the need for public funding or guarantees and provides a flexible, low-cost, leasing alternative for transport authorities and operators.

The movement towards a more sustainable railway is a key challenge globally and Rock Rail is keen to play its part in Germany. It is proud to be a supporting member of Allianz pro Schiene and has initiated a major research programme exploring opportunities for greener rail technologies, including battery and hydrogen power, in partnership with the Technical University of Dresden and the University of Birmingham, Birmingham Centre for Railway Research and Education.

Later this year the German team will move to Rock Rail’s new offices in Berlin reflecting the increasing focus the business is putting on delivering the benefits of its innovative financing model into the market.

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Driving Net Zero: How Rock Road 
Is Funding the UK’s Bus Transition

Accelerating the shift to clean, affordable, zero-emission transport

Year
2025
Category
Rock Road
Share

The Challenge

The UK bus network is at the heart of everyday travel – but over 30,000 diesel buses still need replacing to achieve a fully zero-emission fleet.

While around 5,000 battery-electric buses are already on the road, the high upfront cost of electric vehicles and depot electrification continues to slow the transition. Traditional funding routes — such as government grants or short-term bank finance – have helped start the journey but cannot support decarbonisation at the scale required.

A new, sustainable funding model was needed: one that could attract long-term capital, spread costs fairly, and give operators and authorities confidence in the future.

The Solution

In 2021, Rock launched Rock Road to deliver exactly that –  applying its proven infrastructure financing approach from the rail sector to the UK’s clean bus revolution.

Working with Aviva, the National Wealth Fund, and HSBC, Rock created a dedicated investment platform that channels infrastructure-style finance from pension funds and institutional investors directly into zero-emission bus projects.

This model provides:

Impact

The platform has already raised £100 million, with capacity to scale to £1 billion per year over the next decade – providing a consistent source of affordable capital for local authorities and operators.

Rock’s model ensures that the total cost of ownership (TCO) of electric buses can now be lower than diesel equivalents, thanks to both cheaper long-term finance and reduced operating costs.

In London, Rock has financed 120 zero-emission buses under 7-year leases aligned with Transport for London’s contract lengths. This structure gives operators flexibility and certainty:

The Future

Rock Road’s ambition is to support the rollout of zero-emission fleets across the UK – helping local authorities and operators meet climate goals without overextending public budgets.

By leveraging limited government funding to attract large-scale private capital – for example, £10 million of public investment unlocking over £250 million in total funding – Rock’s model accelerates decarbonisation while keeping costs low for the public sector.

Our ambition is to make electric buses the default choice - not because of subsidy, but because they are the best economic and environmental option.
Louis Swindell
Commercial Director, Rock Road