Meridiam has announced the close of its fourth-generation North American infrastructure fund, MINA IV, securing over $1.8 billion in commitments. The fund exceeded its initial $1.7 billion target. It surpassed the size of its predecessor, MINA III, reflecting strong investor confidence in Meridiam’s long-term strategy and execution capabilities amid a complex market environment.
This milestone coincides with Meridiam’s 20th anniversary, marking two decades of global leadership in sustainable and resilient infrastructure development. Since its founding in 2005, the firm has built a reputation for delivering high-impact projects that balance financial performance with measurable social and environmental outcomes.
MINA IV continues this legacy by focusing on transformative infrastructure investments across energy, mobility, and essential services. The fund targets contracted assets that offer long-term value creation and stable cash flows, aligning with Meridiam’s disciplined and impact-driven investment model.
A major area of focus for MINA IV is U.S. express lanes, where Meridiam has developed deep expertise and a leading market position. In August, the firm closed the SR400 Express Lanes P3 Project, one of the largest public-private partnership infrastructure deals in the United States, with a total project size of approximately $11 billion.
KEY QUOTE:
“We are deeply grateful for the trust and support of our investors. This successful fundraising reflects our ability to consistently deliver performance, with differentiated and resilient portfolios. It also reaffirms our commitment to shaping the future of infrastructure through innovation, resiliency, and long-term partnerships. With a strong pipeline of projects, we are well-positioned to deploy capital efficiently and drive sustainable growth.”
Thierry Déau, CEO and founder of Meridiam
