Bank of America commits $250 billion to US infrastructure buildout

Bank of America will mobilize $250 billion over 18 months to finance U.S. digital, energy and core infrastructure, betting that surging demand for computing power, electricity and manufacturing capacity will sustain a multiyear capital buildout.

"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," Jim DeMare, co-president at Bank of America, said.

The initiative, announced Wednesday, runs from Jan. 1, 2026 through July 4, 2027, and spans primary-market lending, investing, capital markets and advisory transactions. Digital projects include data centers, computing hardware, chips, telecommunications and semiconductors; energy covers conventional and renewable generation, storage and distribution; core infrastructure spans transportation, electric transmission, grid optimization, water systems and critical minerals.

The $250 billion target will be measured on eligible activity consistent with the methodology behind the bank's $1.5 trillion, 10-year sustainable finance goal. Bank of America shares rose 0.2 percent to $64.00 on the New York Stock Exchange.

Three Categories, One Balance Sheet

Karen Fang, global head of infrastructure and sustainable finance and co-head of global capital solutions at Bank of America, said delivering projects requires integrated financing across corporate and project-level capital in both public and private markets. The effort will be led by the Global Capital Solutions and Global Infrastructure & Sustainable Finance teams, supported across all eight lines of business.

Jobs and Workforce

The bank said the initiative could help create tens of thousands of jobs across construction, manufacturing, technology and long-term operations. In 2025, Bank of America invested nearly $40 million in more than 730 workforce-development partners across 97 U.S. markets, which the organizations estimate connected more than 90,000 people with employment and gave more than 290,000 access to training and career-readiness programs.

The commitment positions Bank of America to capture a larger share of the financing wave reshaping U.S. energy and technology supply chains, a market that has drawn rivals including JPMorgan Chase and Goldman Sachs into data-center and power lending. With the initiative running through mid-2027, the bank's capital markets and advisory desks stand to book fees across a pipeline of projects tied to grid expansion, chip fabrication and transportation upgrades.

This article is for informational purposes only and does not constitute investment advice.