Rock Rail proud to support next generation of industry leaders

George Bearfield, Rock Rail Director of Health and Safety[/caption]

Along with the Chief Inspector of Railways, Ian Prosser, Network Rail’s Director of Regulatory Liaison, Allan Spence, and RSSB’s Head of Health and Safety Management, Dr Ann Mills, George provided some of his insights and experience of setting cross-industry health and safety strategy and leading the delivery of cross-industry programmes.

Speaking after the event, George, who is also a visiting Professor at the University of Huddersfield, said, “I really enjoyed the opportunity to engage with so many of the next generation of rail safety professionals and leaders. With the recasting of the rail health and safety strategy this year by RSSB, there is an opportunity to refocus on our shared efforts in challenging times for the industry. The railway needs talented individuals taking on this essential work – and those of us already in the industry need their fresh thinking and challenge.

“Safety is a key focus for Rock Rail and we are pleased to be able to provide our support to the MSc programme and to the future leaders of our industry, who come from all parts of the world.”

The Railway Safety and Control Systems Masters programme covers a comprehensive agenda including railway risk and safety systems, operations and organisation, and communications and control (including signalling). It is delivered jointly by the Birmingham Centre for Railway Research and Education (BCRRE) at the University of Birmingham and the High Integrity Systems Engineering (HISE) Group at the University of York.

In thanking George and the other industry leaders for their contribution, Professor Anson Jack from the University of Birmingham who is the module lead, said “it was a pleasure to welcome so many distinguished and experienced industry leaders. Our students, most of whom were actually located in Asia and the Middle East, really value the input of current practitioners and leaders. These people will move on to leading railway systems across the world and the input they received today represents the very best grounding for safety leadership that is available anywhere”

Recent articles

Rock Rail and Infracapital Partners Back New Battery-Electric Train...

Deal marks a long term investment in the country’s zero emissions transport infrastructure. Rock Rail, a leading developer...

Rock Rail purchases a brand-new fleet of Talent 3...

Rock Rail and abrdn Core Infrastructure have announced an investment in Alstom-built 31 x 6-car Talent 3...

Rock Rail ranked number one for Global ESG performance...

GRESB has named Rock Rail as the top ranked ESG (Environment, Social and Governance) Sector Leader in...

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