Bank of America unveiled a large-scale financing pledge on Wednesday, announcing it will deploy $250 billion to support U.S. digital and infrastructure projects across an 18-month period that begins January 1, 2026 and runs through July 4, 2027. The program, branded the "Critical Infrastructure Finance Initiative," is timed to coincide with the start of America's 250th year and follows the nation's 250th anniversary celebrations.
The bank said the initiative will marshal a mix of primary market lending, direct investments, capital markets services and banking and advisory offerings to back projects it identifies as eligible. Bank of America framed the plan as a way to spur economic growth and help generate tens of thousands of jobs.
Bank of America's stated activities under the initiative are grouped into three principal categories. The first is digital infrastructure, which the bank defined to include data centers and computing facilities. The second is energy and power infrastructure, which encompasses renewable power generation and energy storage. The third is core infrastructure, which the bank cited as including transportation projects and natural gas-related infrastructure.
The announcement highlights a broader push by major U.S. financial institutions to participate in a domestic expansion of AI data centers, critical minerals mining and energy system upgrades. The move comes days after Morgan Stanley (N:MS) said it would facilitate roughly $1.5 trillion over the next decade to finance technology and infrastructure projects.
"Meeting America’s growing infrastructure needs requires mobilizing capital at scale across increasingly interconnected sectors," said Karen Fang, co-head of global capital solutions at Bank of America. "Delivering these projects requires integrated financing solutions spanning corporate and project-level capital in both public and private markets."
The bank specified that the $250 billion total will be measured based on eligible activity during the defined 18-month window from January 1, 2026 through July 4, 2027. Beyond the headline amount and the three focus areas, the bank detailed that its role will include the full gamut of financial services from lending to advisory support to capital markets engagement.
Clear summary
Bank of America will deploy $250 billion between January 1, 2026 and July 4, 2027 through its Critical Infrastructure Finance Initiative to support U.S. digital, energy and core infrastructure projects, using lending, investments, capital markets services and advisory capabilities.