People
Tom Cochrane
Partner
Tom works across CEPA’s practice areas. He has focused on regulated sectors worldwide – water, energy and transport – while also applying his technical skills on assignments for clients in emerging markets.
Tom Cochrane is a Partner working across CEPA’s practice areas. In his ten years at the firm, Tom has focused on UK and international regulated sectors – water, energy and transport – while also applying his technical skills on assignments for clients in emerging markets.
Tom has led much of CEPA’s work on regulatory finance issues and specialises in advising on the cost of capital and financial resilience of regulated businesses. He has supported Ofgem in the development of its position on the cost of capital for the upcoming set of energy network price controls. He has also advised government departments (in both the UK and Portugal), regulated companies (Thames Water) and third parties (Centrica and various airline groups) on these issues.
Tom also regularly applies his economics and finance experience in more innovative contexts. He has advised Ofgem on the cost of capital pertaining to specific high-value transmission assets and helped Ofgem to develop its ‘cap and floor’ regulatory regime for electricity interconnectors. He has also led assignments supporting the Kenyan Government in developing a national transport funding policy covering over $20bn infrastructure investment – much of it financed through public private partnerships – and various clients in considering innovative financing and delivery options for irrigation schemes.
Tom joined CEPA following previous experience with Oliver Wyman Consulting in London, where he provided strategic advice and financial modelling support to blue chip clients in the supermarket retail, consumer electronics and transport sectors. He has a Master's in Economics from the University of Bristol and a degree in Economics & Management from the University of Oxford.
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