Hi Olivier,
I've entered the installer shell right after the zDev screen (which is right 
before the NW config and could see this:

root@ubuntu-server:/# ip link
1: lo: <LOOPBACK,UP,LOWER_UP> mtu 65536 qdisc noqueue state UNKNOWN mode 
DEFAULT group default qlen 1000
    link/loopback 00:00:00:00:00:00 brd 00:00:00:00:00:00
2: enc600: <BROADCAST,MULTICAST,UP,LOWER_UP> mtu 1500 qdisc mq state UP mode 
DEFAULT group default qlen 1000
    link/ether 02:28:0a:00:00:b3 brd ff:ff:ff:ff:ff:ff
    altname enx02280a0000b3
root@ubuntu-server:/# ip addr
1: lo: <LOOPBACK,UP,LOWER_UP> mtu 65536 qdisc noqueue state UNKNOWN group 
default qlen 1000
    link/loopback 00:00:00:00:00:00 brd 00:00:00:00:00:00
    inet 127.0.0.1/8 scope host lo
       valid_lft forever preferred_lft forever
    inet6 ::1/128 scope host noprefixroute 
       valid_lft forever preferred_lft forever
2: enc600: <BROADCAST,MULTICAST,UP,LOWER_UP> mtu 1500 qdisc mq state UP group 
default qlen 1000
    link/ether 02:28:0a:00:00:b3 brd ff:ff:ff:ff:ff:ff
    altname enx02280a0000b3
    inet 10.245.236.23/24 brd 10.245.236.255 scope global enc600
       valid_lft forever preferred_lft forever
    inet6 fe80::28:aff:fe00:b3/64 scope link proto kernel_ll 
       valid_lft forever preferred_lft forever
root@ubuntu-server:/# ls -ld /etc/netplan/*
-rw-r--r-- 1 root root 455 Sep  8 19:18 /etc/netplan/00-installer-config.yaml
-rw------- 1 root root 216 Sep 11 13:10 /etc/netplan/50-cloud-init.yaml
root@ubuntu-server:/# cat /etc/netplan/00-installer-config.yaml
# This is the initial network config.
# It can be overwritten by cloud-init or subiquity.
# For more information, see netplan(5)

network:
    version: 2
    ethernets:
        zz-all-en:
            match:
                name: "en*"
            dhcp4: true
            dhcp6: true
            accept-ra: true
        zz-all-eth:
            match:
                name: "eth*"
            dhcp4: true
            dhcp6: true
            accept-ra: true
root@ubuntu-server:/# cat /etc/netplan/50-cloud-init.yaml
network:
  version: 2
  ethernets:
    enc600:
      addresses:
      - "10.245.236.23/24"
      nameservers:
        addresses:
        - 10.245.236.1
      routes:
      - to: "default"
        via: "10.245.236.1"
root@ubuntu-server:/#

So for the installation session interface enc600 should be active with
static IP - and it seems to be the case, one screen prior to the NW
config.

Then when proceeding to the NW config screen I an stuck again with:

Network configuration                                               [ Help ]
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
  Configure at least one interface this server can use to talk to other       
  machines, and which preferably provides sufficient access for updates.      
                                                                              
    NAME    TYPE          NOTES                                               
  [ enc600  eth           -                       ▸ ]                         
    DHCPv6  2001:67c:1562:8020:28:aff:fe00:b3/64                              
    02:28:0a:00:00:b3 / Unknown Vendor / Unknown Model                        
                                                                              
  [ Create bond ▸ ] 


I'll check again on LPAR (I might get more details there, since it allows me to 
proceed with the integrated ASCII console ...)

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https://bugs.launchpad.net/bugs/2122583

Title:
  Current questing daily installation hangs on NW config screen

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