Bank of America pledges $250 billion for US infrastructure financing
BAC•Financing targets three areas through July 2027
Bank of America's financing will target three areas: digital infrastructure, including data centers and computing; energy and power infrastructure, including renewable generation and energy storage; and core infrastructure such as transportation and natural gas.
"Meeting America's growing infrastructure needs requires mobilizing capital at scale across increasingly interconnected sectors," said Karen Fang, global head of infrastructure and sustainable finance at Bank of America.
"Delivering these projects requires integrated financing solutions spanning corporate and project-level capital in both public and private markets."
The $250 billion target will be measured over an 18-month period from January 1, 2026, to July 4, 2027, the bank said.
"If we all do our job right, we should be deploying more capital," said Fang, who is also co-head of global capital solutions at BofA, when asked about potential deployment of more capital after July 2027.
