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Bank of America pledges $250 billion for U.S. infrastructure
Bank of America has announced the launch of its ‘Critical Infrastructure Finance Initiative,’ a plan to deploy $250 billion toward U.S. infrastructure projects through July 4, 2027. The 18-month program, which begins in January 2026, is designed to coincide with the United States' 250th anniversary.
The initiative focuses on three primary sectors: digital infrastructure (including data centers, semiconductors, and telecommunications), energy and power (encompassing renewable generation, energy storage, and distribution), and core infrastructure (such as transportation, water systems, and critical minerals). The bank intends to support these projects through primary market lending, investments, capital markets services, and advisory offerings.
Bank executives, including Co-President Jim DeMare and global head of infrastructure Karen Fang, stated that the initiative aims to bolster American economic competitiveness, energy security, and technological leadership. The program is expected to facilitate job creation across the construction, manufacturing, and technology sectors. This move follows similar large-scale infrastructure financing commitments from other major Wall Street institutions, including Morgan Stanley and JPMorgan Chase.
Entities
Bank of America · JPMorgan Chase · Jim DeMare · Karen Fang · Morgan Stanley · United States
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 9 SOURCES] Bank of America plans to deploy $250 billion for U.S. infrastructure projects through July 2027. latino-news.com · mix929.com · nemosnewsnetwork.com · tedmag.com · www.worldenergynews.com · +3 more
- [● 9 SOURCES] The financing targets digital infrastructure, energy and power, and core infrastructure such as transportation and water. latino-news.com · mix929.com · nemosnewsnetwork.com · tedmag.com · www.worldenergynews.com · +3 more
- [● 5 SOURCES] The program is expected to create tens of thousands of jobs in construction, manufacturing, and technology. latino-news.com · mix929.com · nemosnewsnetwork.com · americanbazaaronline.com · www.bankingdive.com
- [● 5 SOURCES] The initiative includes primary market lending, investments, capital markets services, and advisory offerings. mix929.com · tedmag.com · www.worldenergynews.com · americanbazaaronline.com
- [● 7 SOURCES] The initiative covers an 18-month period from January 1, 2026, to July 4, 2027. mix929.com · nemosnewsnetwork.com · tedmag.com · www.worldenergynews.com · americanbazaaronline.com · +2 more