Bank / Credit Union

Bank of America to deliver $250B for infrastructure

Photo: Adobe Stock

August 17, 2026

Summarize withChatGPTGrokPerplexityClaude

Bank of America is celebrating America's 250th anniversary by launching the Critical Infrastructure Finance Intiative, which will offer $250 billion for U.S. infrastructure projects. This capital will be utilized through 2026 to July 4, 2027, according to a press release.

It will support digital infrastructure projects including data centers, energy via conventional and renewable power and core infrastructure through transportation, electric, water, mining and other assets.

"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," Jim DeMare, co-president, Bank of America, said in the release. "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."

The Global Capital Solutions and Global Infrastructure and Sustainable Finance teams will lead up this effort.

"Meeting America's growing infrastructure needs requires mobilizing capital at scale across increasingly interconnected sectors," Karen Fang, global head of Infrastructure and Sustainable Finance and co-head of Global Capital Solutions at Bank of America, said in the release. "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."