Bank of America launches $250 billion critical infrastructure finance initiative to support US development
Bank of America has announced the Critical Infrastructure Finance Initiative, committing $250 billion to support US infrastructure development through financing, investment, and advisory solutions. Capital deployment will occur over 18 months from 2026 through 4 July 2027.The initiative focuses on three broad infrastructure categories: digital infrastructure (data centres, computing hardware, telecommunications, semiconductors); energy and power infrastructure (conventional and renewable generation, energy storage, distribution); and core infrastructure (transportation, transmission, grid optimisation, water systems, critical minerals).The initiative will be led by Bank of America's Global Capital Solutions and Global Infrastructure & Sustainable Finance teams, with support from all eight lines of business. Financial activity will include primary market lending, investing, capital markets, banking, and advisory solutions. Progress will be measured based on eligible activity consistent with Bank of America's methodology for its $1.5 trillion ten year sustainable finance goal.
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In celebration of America’s 250th anniversary, Bank of America has announced the Critical Infrastructure Finance Initiative, committing to mobilise and deploy $250 billion to support US infrastructure development through financing, investment, and advisory solutions. The initiative shows the company’s dedication to advancing digital, energy and power, and core infrastructure modernisation, fueling America’s next era of economic growth, innovation, and competitiveness.
Capital deployment will occur over 18 months, spanning from 2026 through 4 July, 2027.
Meeting the growing demand for infrastructure investment
Surging needs for computing power, energy, manufacturing capacity, modern transportation systems, and diversified supply chains are driving a new wave of infrastructure investment across the United States.
Bank of America is assisting clients in these sectors by providing access to capital through its global capital markets platform, advisory expertise, and strong balance sheet support. These efforts are expected to generate tens of thousands of jobs nationwide.
Jim DeMare, Co-President of Bank of America, said, “We are proud of our long history supporting the American economy. As America marks its 250th year, this initiative reflects our confidence in the country’s future and the investments that will shape it.”
“The infrastructure that powers our economy, strengthens our energy security, and secures our technological leadership will drive growth, create jobs, and define America’s next chapter.”
Focus areas of the initiative
Financial activity under the initiative, including primary market lending, investing, capital markets, banking, and advisory solutions, will concentrate on three broad infrastructure categories:
Digital infrastructure. Including data centres, computing infrastructure (hardware, chips, and equipment), telecommunications, and semiconductors
Energy and power infrastructure. Covering conventional and renewable power generation, energy storage, and other energy distribution systems
Core infrastructure. Encompassing transportation, electric and energy transmission, grid optimisation, water systems, critical minerals and mining, and other essential assets
Karen Fang, Global Head of Infrastructure & Sustainable Finance and Co-Head of Global Capital Solutions at Bank of America, said, “Meeting America’s growing infrastructure needs requires mobilising capital at scale across increasingly interconnected sectors. Delivering these projects requires integrated financing solutions spanning corporate and project-level capital in both public and private markets.”
“By bringing together capital providers, developers, corporations, and investors, we are focused on helping accelerate investment in infrastructure that drives economic growth and creates lasting value for communities.”
The initiative will be led by Bank of America’s Global Capital Solutions (GCS) and Global Infrastructure & Sustainable Finance (GISFG) teams, supported by all eight lines of business.
Progress will be measured based on eligible activity in primary market lending, investing, capital markets, and advisory transactions, consistent with Bank of America’s methodology for its $1.5 trillion ten-year sustainable finance goal.