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Bank of America plans to deploy $250B by 2027 for U.S. digital, energy and transportation infrastructure projects.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Bank of America plans to deploy $250 billion by July 2027 to support U.S. digital and
00:09infrastructure projects, including data centers, energy systems, and transportation, according to
00:13Reuters. The bank said its critical infrastructure finance initiative will provide lending,
00:18investments, capital market services, banking, and advisory offerings. The financing will target
00:23digital infrastructure, energy and power infrastructure, and core infrastructure such
00:27as transportation and natural gas. The $250 billion target covers an 18-month period from
00:33January 1, 2026 through July 4, 2027. Bank of America said increased infrastructure investment
00:39could support economic growth and create tens of thousands of jobs.
00:43For all things money, visit Benzinga.com.
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