Goldman Sachs Asset Management has closed its West Street Infrastructure Partners IV (WSIP IV) and related vehicles at $4 billion.
The capital was raised from a diverse group of institutional and high-net-worth investors, alongside significant commitments from Goldman Sachs and its employees.
WSIP IV is the latest in a series of flagship funds dedicated to investing in value-add, midmarket infrastructure. The fund already has committed $2.3 billion to eight companies, diversified by geography and sectors. These include Synthica, a U.S. developer and operator of organic renewable gas plants; Frøy ASA, a provider of transportation and support infrastructure to the Norwegian aquaculture sector; Verdalia, a developer and operator of European biomethane plants; GridStor, a developer and operator of utility-grade battery storage projects in the United States; ImOn Communications, a fiber-to-the-home (FTTH) broadband provider based in Iowa; and Adapteo, a provider of reusabl