Citi Participates in Financing for Japan-U.S. Strategic Investment Initiative

Financial collaboration aims to bolster critical U.S. energy infrastructure for AI and advanced industries, strengthening Japan-U.S. investment ties

Citi, through Citibank, N.A., Tokyo Branch, participated as a lender and agent in a syndicated loan facility totaling approximately US$4.6 billion extended to U.S. entities established and funded by the Japan Bank for International Cooperation (JBIC).

The financing is being provided to Japan Invest 4 LLC and Japan Invest 5 LLC, U.S. investment companies established by JBIC, to fund investments in natural gas-fired power generation projects located in the states of Pennsylvania and Texas. The portion of the financing provided by private-sector financial institutions is covered by insurance from Nippon Export and Investment Insurance (NEXI).

This transaction supports the first investment under the second wave of projects promoted through the Strategic Investment Initiative in pursuant to the Memorandum of Understanding on Strategic Investment announced by the Governments of Japan and the United States in September 2025. The two projects are intended to address rapidly growing electricity demand in the United States while securing critical infrastructure required by AI and advanced industries, including data centers. Furthermore, the development of this infrastructure through collaboration between Japanese and U.S. companies is expected to strengthen supply chain resilience in critical infrastructure sectors across both countries.