Bank of America is deploying $250 billion to finance U.S. data centers and energy infrastructure
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Bank of America is deploying $250 billion to finance U.S. data centers and energy infrastructure
The bank's Critical Infrastructure Finance Initiative targets digital, energy, and core infrastructure projects through July 4, 2027
Michael Nagle/Bloomberg via Getty Images
Bank of America $BAC launched a $250 billion initiative on Wednesday to finance U.S. infrastructure development through lending, investments, capital markets activity, and advisory services over an 18-month period ending July 4, 2027.
The Critical Infrastructure Finance Initiative will target three broad categories, the company said: digital infrastructure, spanning data centers, computing hardware, chips, telecommunications, and semiconductors; energy and power infrastructure, covering both conventional and renewable generation alongside........
