Rock Rail, UK Infrastructure Bank and Aviva launch £100m funding platform to support ‘Rock Road’ in accelerating the UK’s transition to a zero emission bus network
Rock Road offers a finance solution for UK bus operators and public transport authorities to decarbonise their fleet, while minimising capital outlay and outsourcing key ownership risks around residual value and battery replacement. The Rock Road platform, owned by Rock Rail and Aviva, has already signed its first deal to fund 60 battery-electric buses that will be leased to The Go-Ahead Group and deployed on routes throughout London, reducing carbon emissions and improving air quality across the capital.