Founding Partner

Summary

Angar Porthun advises investors, developers and corporates on transactions and projects in energy, infrastructure and real assets, from development and financing to acquisitions and disposals. Dual-qualified in Germany and in England and Wales, he regularly acts as lead counsel on cross-border mandates, combining English-law documentation with local-law execution and coordinating independent local counsel. With seven years at a Magic Circle firm in London and experience as Head of M&A at an Abu Dhabi sovereign investment fund, he brings both the adviser’s and the investor’s perspective. He has advised on energy and infrastructure transactions since 2001.

Focus

• Acquisitions, disposals and joint ventures involving energy and infrastructure assets and platforms
• Project and asset finance, primarily for sponsors and borrowers
• Development and regulatory matters in the German energy sector
• Concessions, heritable building rights and other arrangements with public-sector bodies and port operators
• Equity and convertible funding for energy-transition developers
• Lead counsel on multi-jurisdictional transactions

Selected experience

Current and recent

• Advising equity funds based in London, Amsterdam and Luxembourg on the acquisition and project financing of renewable energy projects totalling more than 1 GW, as lead counsel for projects in Finland, Sweden, Romania, Poland and Germany (2024–present)
• Advising the developers of two greenfield projects at German seaports, a lithium refinery and a CO₂ export terminal for carbon capture and storage (CCS), on the public tenders for the sites and on long-term build-and-operate concessions in the form of heritable building right agreements (2023–present)
• Advising a developer of lithium extraction projects using solution mining at salt cavern sites in Germany on its Series A convertible loan funding round (2025–2026)
• Advising on offshore energy service and storage projects, including a long-term plug-and-abandonment programme for offshore wells on the UK Continental Shelf, the development and maintenance of gas storage caverns in Europe and agreements for oil and gas fields in Central Asia (2026)
• Lead counsel to a Swiss multinational on the acquisition of testing laboratories in Denmark and Germany and the subsequent restructuring of its Danish, German and Polish entities (2023–2025)

Earlier experience

• Advised an international infrastructure fund manager on the acquisition of a development pipeline of geothermal power projects in Germany and the establishment of a joint venture for their further development, construction and operation, including advice on mining law and electricity market regulation
• Advised an infrastructure investor on the divestment of its interest in a German motorway PPP project, including new standstill arrangements with the lending banks
• Advised a logistics-focused real asset fund on the acquisition of a portfolio of German logistics properties for EUR 134 million
• Lead counsel to a Middle Eastern e-commerce group on its international corporate restructuring and the subsequent sale of a significant minority stake to a GCC-based private equity fund (enterprise value USD 205 million)