Natalia started working with Rock in March 2020 as commercial project manager. She will be working with the Rock Rail team focussed on the development of opportunities in the Australian market as well as initially supporting the German market team.

Prior to Rock Rail, Natalia had a 17-year career with Abellio Group, with key experience in the rail franchise bidding function, as lead financial modeller and rolling stock and operations finance analyst.

At Abellio, Natalia was most recently involved in the winning East Anglia and West Midlands bids, where she supported on new fleet procurement and contractual arrangements with the funders, manufacturers and maintainers.

Natalia was project manager for the East Anglia Class 720 Aventra fleet, taking responsibility for daily project management, coordination of engineering and operations teams, and commercial and stakeholder management. Being ‘embedded’ in this project at the Bombardier Derby site, she developed practical knowledge of production, quality and design process and contributed to the operator’s roll-out strategy for the new fleet.

Natalia also provided commercial and analytical support to the Joint Project Manager for the new build of Rock Rail’s class 745/755 fleet for East Anglia.

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
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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