Our People
Louis began his career at Rock aged 16 before gaining five consecutive years of summer experience in all areas of the business. Following graduation from the University of Liverpool, Louis joined in a full-time role as an Analyst supporting Rock’s origination team and over his time, experienced the organisation grow from a boutique project developer, primarily set up to devise an innovative procurement strategy for the funding of the Mersey Gateway Bridge in 2014, into the UK’s leading financier of passenger rolling stock funding over £3bn of trains between 2016-2019.
In January 2021, Louis began investigating how Rock’s model could be adapted to support the UK bus industry after identifying some key factors that would increase the challenge of operators’ traditional method of bus procurement (i.e. outright purchase) and in turn, increase the attraction of a leasing solution. The most significant factor was the move to zero emission due to the higher upfront costs and various ownership risks associated with battery-electric buses when compared to a diesel alternative. Louis, and the wider Rock team, developed a leasing solution that grants fleet owners the ability to introduce zero emission buses at scale while minimising capital outlay and outsourcing key ownership risks around residual value and battery replacement.
Rock Road has recently established a joint venture with Aviva Capital Partners and formed a partnership with the UK Infrastructure Bank and HSBC to raise an initial £100m fund which will be used to deploy this proposition across the UK. Rock’s model is highly scalable and could provide access to £billions of long-term, low-cost institutional capital over the coming years.
As Commercial Director, Louis’ key role is to engage with operators and public transport authorities to market Rock’s leasing solution and support fleet decarbonisation across the UK.