Bank of America Launches two hundred fifty billion dollars$250 Billion, eighteen month18-month Critical Infrastructure Finance Initiative in Honor of America’s 250th Anniversary

Initiative aims to help strengthen and modernize America’s infrastructure, supporting energy security, U SU.S. job growth and economic competitiveness.

Key points

• Bank of America’s Critical Infrastructure Finance Initiative to help drive transformative infrastructure investment across the United States, honoring America’s 250^th anniversary
• Bank of America to support the development of digital, energy and power, and core infrastructure that enhances national competitiveness by strengthening energy security, accelerating technological leadership and enabling long-term economic growth
• Initiative to help create tens of thousands of jobs and advance community development
• Capital to be mobilized and deployed over 18 months, from America’s 250^th year in 2026 through July 4, 2027

CHARLOTTE, North CarolinaN.C. – In celebration of America's 250^th anniversary, Bank of America today announced the Critical Infrastructure Finance Initiative to mobilize and deploy two hundred fifty billion dollars$250 billion to support U SU.S. infrastructure development through financing, investment and advisory solutions. The initiative reflects the company’s commitment to financing digital, energy and power, and core infrastructure development and modernization to help fuel America's next era of economic growth, innovation and competitiveness. Capital will be mobilized and deployed from over 18 months, from America’s 250^th year in 2026 through July 4, 2027.

Surging demand for computing power, energy, manufacturing capacity, modern transportation systems and diversified supply chains is propelling a new wave of infrastructure investment across the United States. Bank of America is helping clients across these sectors access the capital they need through our global capital markets platform, advisory expertise and strong balance sheet support, driving investment and creating tens of thousands of jobs nationwide.

“We are proud of our long history supporting the American economy. As America marks its 250^th year, this initiative reflects our confidence in the country’s future and the investments that will shape it,” said Jim DeMare, Co-President, Bank of America. “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.”

Financial activity – including primary market lending, investing, capital markets, banking and advisory solutions – will span three broad infrastructure categories:

• Digital infrastructure, such as data centers and computing infrastructure (hardware, chips, and equipment), telecommunications and semiconductors
• Energy and power infrastructure, such as conventional and renewable power generation and energy storage, as well as other energy distribution systems
• Core infrastructure, such as transportation, electric and energy transmission, grid optimization, water systems, critical minerals and mining, and other assets

"Meeting America's growing infrastructure needs requires mobilizing capital at scale across increasingly interconnected sectors," said Karen Fang, Global Head of Infrastructure & Sustainable Finance and 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. 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."

The effort will be led by Bank of America’s Global Capital Solutions (GCS) and Global Infrastructure & Sustainable Finance (GISFG) teams and is supported across all eight lines of business. Bank of America provides integrated financing, investment, advisory and supply chain solutions for clients at both the corporate and asset levels, and across public and private markets.