Meridiam has announced the close of MINA IV, its fourth-generation North America infrastructure fund, with commitments of more than US$1.8 billion above its US$1.7 billion initial target and surpassing the previous fund, MINA III. Meridiam’s successful fundraising comes at a pivotal moment for the firm, marking two decades of pioneering sustainable and resilient infrastructure globally since its founding in 2005.

MINA IV builds on Meridiam’s established expertise in delivering complex infrastructure projects and its tailored investment model focused on contracted infrastructure assets that offer long-term value creation and stable cash flows. MINA IV will focus on transformative infrastructure projects that deliver robust returns and measurable impact across energy, mobility, and essential services sectors. The fund leverages Meridiam’s well-established positioning to access high-quality assets, including US express lanes, a segment where Meridiam has established a leading presence and deep expertise. In August, Meridiam closed the SR400 Express Lanes P3 Project, one of the largest of its kind in the US, with a total size of US$11 billion.