The scale of UK heavy rail infrastructure development over five years - £23 billion.
Despite the recession, the prospects for development of Britain's rail infrastructure remain relatively sunny and this has been confirmed by recent official pronouncements. In November, for instance, Network Rail outlined plans to spend more than £3 billion on stations between now and 2014.Meanwhile, an extension of the rail electrification programme was a surprise feature of the Chancellor's December budget statement.
Yet although the potential scale of rail infrastructure investment is impressive, there is now more pressure than ever to find sources of finance other than the public purse. The purpose of this conference is to enable those within the financial community to understand the key issues and debate them with the relevant stakeholders.
The event should be attended by all those who are involved with transport and infrastructure investment from the financial institutions. It will also be of interest to contractors and suppliers; local and central government representatives, and large UK companies in areas like distribution or commercial property which have a significant interest in rail development.
Keynote address speakers
Charles Robarts, Head of Strategic Planning, Network Rail
Gershon Cohen, Head of Project Finance, Lloyds Banking Group
Conference Chairman
Julian Smith, Partner, PricewaterhouseCoopers
Other confirmed speakers
Joel Brook, Property Director, SSP UK
Graham Cross, Business Development Director, Chiltern Railways
Russell Clifford, Partner, Head of Rail Finance, Berwin Leighton Paisner LLP
Richard Davies, Head of Strategy and Policy, ATOC
David Golding, Programme Sponsor(Electrification), Network Rail
Layth Irani, Deputy General Manager,SMBC
Charles Johnson-Ferguson, Director, PricewaterhouseCoopers
Robert Lewin, Project Finance, Capital Markets, Investec
Paul Lund, Standard & Poors
Andy Matthews, Managing Director, Barclays Private Equity
Graeme McLellan, Partner, Stephenson Harwood
Nelson Ogunshakin, Chief Executive, Association for Consultancy and Engineering
Stephen Paine, Managing Director, Global Head of Infrastructure Group, UBS
Hugo Parker, Director, RBC Capital Markets
Dr Bernard Rochard, Chief Engineer- Rail Development, Atkins
Jonathan Stevens, Executive Director, Investment Banking, WestLB
John Thomas, Director, Railway Markets and Economics, Office of Rail Regulation
Tobias Wagnert, Executive Director, Investment Banking, UBS
Julian Ware, Principal, Corporate Finance, Transport for London
Duncan Wilkinson, Director of Infrastructure, Arup
08.55 Chairman's introduction
Julian Smith, Partner, PricewaterhouseCoopers
09:00 UK infrastructure investment in the decade ahead
Gershon Cohen, Head of Project Finance, Lloyds Banking Group
09:20 The vision ahead
- To discuss investment programme for the next 10 years
- Thoughts on appropriate financing techniques
Charles Robarts, Head of Strategic Planning, Network Rail
09:55 Crossrail - getting the financing over the line
Julian Ware, Principal, Corporate Finance, Transport for London
10:30 Morning coffee
10:50 High speed rail financing panel
Russell Clifford, Partner, Head of Rail Finance, Berwin Leighton Paisner LLP
Charles Johnson-Ferguson, Director, PricewaterhouseCoopers LLP
Jonathan Stevens, Executive Director, Infrastructure Team, WestLB
Tobias Wagnert, Executive Director, Investment Banking, UBS
11:40 The Oxford Rail Link investment
Graham Cross, Business Development Director, Chiltern Railways
12:15 Electrification
* Benefits
* Investments
* Timescales
David Golding, Programme Sponsor (Electrification), Network Rail
Nelson Ogunshakin, Chief Executive, Association for Consultancy and Engineering
Dr Bernard Rochard, Chief Engineer- Rail Development, Atkins
13:00 Lunch
14:10 Financing a better rail network
Graeme McLellan, Partner, Stephenson Harwood
14:45 Station enhancement
- What should stations be delivering and how is this to be achieved in terms of investment
- Financial implications of Green/Hall recommendations
Joel Brook, Property Director, SSP UK
Richard Davies, Head of Strategy and Policy, ATOC
Layth Irani, Deputy General Manager, SMBC
Duncan Wilkinson, Director of Infrastructure, Arup
15.35 Afternoon tea
15.50 Roundtable on key financing issues
Chair: Julien Smith, PricewaterhouseCoopers LLP
Robert Lewin, Project Finance, Capital Markets, Investec
Paul Lund, Standard & Poors
Andy Matthews, Managing Director, Barclays Private Equity
Stephen Paine, Managing Director, Global Head of Infrastructure Group, UBS
Hugo Parker, Director, RBC Capital Markets
John Thomas, Director, Railway Markets and Economics, Office of Rail Regulation
16.50 Chairman's summary and close followed by drinks reception sponsored by Berwin Leighton Paisner