Goldman Sachs forms a global infrastructure financing team, betting on AI and energy transition opportunities

According to ChainCatcher, the Wall Street Journal reports that Goldman Sachs (GS.N) is intensifying its efforts to enter the hot market of data center and other infrastructure financing, aiming to capture a larger share amid the artificial intelligence boom.

Insiders reveal that Goldman Sachs is forming a dedicated team within its Global Banking and Markets division, focusing on global infrastructure financing, which includes increasing lending in this area and finding investors for these debts. This initiative is driven by a new wave of multi-billion dollar transactions involving AI data centers, their massive energy demands, and financing for processing units that support AI development. The new team will also focus on traditional infrastructure construction or upgrade projects in developed countries and emerging markets.

Additionally, the new team will be responsible for raising funds for renewable energy and certain types of liquefied natural gas projects, as well as providing financing for military and other equipment related to rising defense spending in various countries.