Bank of America unveils $250B initiative to modernize US infrastructure
Banking And Finance,Big Business,Infrastructure,Business,Data Centers,Investing
From the Right
AllSides Media Bias Rating: Lean Right
Bank of America (BofA) is launching a $250 billion initiative to finance a broad buildout of U.S. infrastructure, including data centers, semiconductor facilities, power generation and transportation projects.
The banking giant announced Wednesday that its Critical Infrastructure Finance Initiative will mobilize and deploy $250 billion through lending, investments, capital markets and advisory transactions over an 18-month period ending July 4, 2027...
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