Noerr advises Portakabin on the establishment of a c. £1.9 billion Investment Grade-rated financing platform

Noerr, with a team led by Dorian Legel, has advised Portakabin and Antin Infrastructure Partners, together with Simpson Thacher & Bartlett, on the establishment of a c. £1.9 billion infrastructure-style, Investment Grade-rated financing platform for Portakabin. The financing closed on 7 October 2026. 

The new financing package provides Portakabin with a diversified, long-term funding solution across banks and institutional investors. It will enable Portakabin to pursue the next phase of its strategic expansion in the modular building sector. Antin Infrastructure Partners is a shareholder of Portakabin. 

Portakabin is the leading provider of premium modular leasing solutions in the UK and Ireland and a top-three operator across Germany, Benelux and France. The company primarily serves the education, healthcare and social infrastructure sectors. 

Noerr advised on the German law aspects of the transaction. 

Advisers to Portakabin and Antin Infrastructure Partners: Noerr 

Dorian Legel (Partner), Andreas Naujoks (Partner), Lasse Petersen Weis (Senior Associate, all Banking & Finance, Frankfurt) 

UK counsel: Simpson Thacher & Bartlett