Bank of America launched the Critical Infrastructure Finance Initiative to support U.S. development. The bank pledged to deploy $250 billion by July 2027. This initiative honors America’s 250th anniversary.
The program provides financing, investment, and advisory services for digital, energy, and core infrastructure projects. Targeted sectors include data centers, renewable energy, and transportation.
Bank of America aims to capitalize on demand driven by AI and the energy transition. The bank expects the initiative to create tens of thousands of jobs. Capital mobilization will occur over an 18-month period beginning January 1, 2026.