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Bank of America launches $250B initiative to fund U.S. infrastructure including data centers and energy projects.

Market News
12 Aug 2026
Fox Business
View Source
Bullish
Bank of America launches $250B initiative to fund U.S. infrastructure including data centers and energy projects.

Bank of America announced a $250 billion Critical Infrastructure Finance Initiative to support U.S. infrastructure projects over 18 months ending July 2027. The initiative targets digital infrastructure like data centers and semiconductors, energy projects including renewable power, and core infrastructure such as transportation and water systems. This effort aims to boost energy security, technological leadership, and economic growth while creating tens of thousands of jobs. The bank will measure progress through lending, investments, and advisory transactions, aligning with its broader $1.5 trillion sustainable finance goals.

More News (BAC)

Bank of America to redeem $2 billion in senior notes on Sept 15, 2026 at par value plus accrued interest

Bank of America to redeem $2 billion in senior notes on Sept 15, 2026 at par value plus accrued interest

Bank of America announced it will redeem all outstanding Floating Rate Senior Notes ($500 million) and Fixed/Floating Rate Senior Notes ($1.5 billion), both due September 2027, on September 15, 2026. The redemption price will be 100% of the principal...

Company Fundamentals
Neutral
23 hours ago
Bank of America to redeem CAD1.425 billion senior notes on Sept 15, 2026 at full principal plus interest

Bank of America to redeem CAD1.425 billion senior notes on Sept 15, 2026 at full principal plus interest

Bank of America announced it will redeem all outstanding CAD425 million Floating Rate Senior Notes and CAD1 billion Fixed/Floating Rate Senior Notes due September 2027 on September 15, 2026. The redemption will be at 100% of principal plus accrued in...

Company Fundamentals
Neutral
23 hours ago
BacTech launches Peru initiative to reprocess historic mine tailings using bioleaching for gold, silver, and copper recovery.

BacTech launches Peru initiative to reprocess historic mine tailings using bioleaching for gold, silver, and copper recovery.

BacTech Environmental has initiated a project in Peru through its subsidiary BacTech Verde Peru S.A.C. to explore reprocessing historic mine tailings using its bioleaching technology, aiming to recover gold, silver, and copper. The company is reviewi...

Market News
Neutral
2 days ago
Nvidia stock may rally to $235, nearing its previous all-time high amid strong AI demand.

Nvidia stock may rally to $235, nearing its previous all-time high amid strong AI demand.

Nvidia's stock has risen nearly 6% in the past month due to strong demand in the AI sector. Analyst Aksel Kibar predicts a rally to $235, close to Nvidia's previous all-time high, based on technical patterns and support from the 200-day moving averag...

Analyst Insights
Bullish
2 days ago
Goldman Sachs highlights 4 dividend-paying financial stocks favored by hedge and mutual funds.

Goldman Sachs highlights 4 dividend-paying financial stocks favored by hedge and mutual funds.

Goldman Sachs analyzed $10 trillion in equity holdings and found that both hedge funds and mutual funds share strong interest in four large-cap dividend-paying financial stocks: Bank of America, Capital One Financial, Mastercard, and Visa. These comp...

Market News
Bullish
3 days ago
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