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Richard Hughes

Richard Hughes

Partner

Richard is an infrastructure specialist advising on rail, bus, and energy transition, with expertise in procurement, franchising, and investment.

D +44 20 7809 2698
M +44 74 3573 6340

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Awards and recognition

Leading Associate
The Legal 500 UK 2025

Associate to Watch
Chambers

Biography

Language - English
Jurisdiction - England & Wales

Richard is a leading expert in transport and transport finance, ranked by Chambers and Legal 500. He has built strong relationships with key decision-makers at major funds, banks, asset lessors, and operators.

Richard’s experience spans drafting and negotiating rolling stock and bus fleet procurements, franchise and concession agreements for both operators and government, and depot development and operations.

He is at the forefront of the energy transition in transport, advising on hydrogen and battery power for rail, bus, and facilities management. His work includes contracts for hydrogen production and import into the EU, and converting coal-fired power stations to green fuels.

Richard is the go-to adviser for one of the world’s largest facilities management companies and is an authority on cross-jurisdictional agreements.

Recognised for his thought leadership in rail, zero-emission vehicle financing, and sustainability, Richard’s insights appear in Rail magazine, Lexology, and the National Law Review.

Experience

  • Transportation and trade

    Advising financiers on the financing of (i) new and existing rolling stock; (ii) new bus fleets and infrastructure; and (iii) rail depot developments and advising on various bids and direct awards for UK franchises.

  • Energy and natural resources

    Richard advises on hydrogen, energy transition, and electric vehicles, including a 100-MW green hydrogen project, coal-to-green fuel conversions, and EV finance platform development.

  • Projects, energy and infrastructure

    Notable projects include rolling stock procurements, new bus fleets and infrastructure and rail depot developments.

  • Rail Finance

    Development and implementation of a rail infrastructure enhancement financing structures; the procurement, financing, leasing and operation of a £1.2 bn order of new rolling stock; and advising an international bank on the sale of its €500 million European passenger and freight rolling stock business.

  • Commercial, outsourcing and technology

    Advises facilities management providers on bidding, contract awards, service operations, contract extensions, and resolving disputes related to service delivery.

专业领域

新闻与洞察

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Rail & Road

Remember, remember, the fifth of November: a new Railways Bill

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Finance

UK hydrogen funding – are the taps finally being turned on?

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Projects, Energy & Infrastructure

Richard Hughes joins Stephenson Harwood as Partner

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