Goldman Sachs Alternatives' West Street Infrastructure Partners V acquires QScale, a Canadian data center platform

Type: Acquisition · Technology: Data Center · Country: Canada · Value: $3B · Announced: 2026-05-13

Goldman Sachs Alternatives' West Street Infrastructure Partners V completed the acquisition of QScale, a leading Canadian data center platform based in Quebec, on May 13, 2026. QScale operates cutting-edge facilities purpose-built for high-performance computing and AI workloads, leveraging Quebec's low-carbon, hydro-dominated grid and natural cold-climate cooling. The transaction marks the first investment for WSIP V, which raised over $3 billion at its aggregated first close, achieving 75% of its $4 billion target. The fund targets mid-market infrastructure businesses with defensive, long-term cash flows across energy transition, digital infrastructure, transportation and logistics, and circular economy sectors. WSIP V succeeds WSIP IV, which deployed capital across 11 mid-market infrastructure operating companies and completed its final investment in 2025.

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