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Citi, JPMorgan join Japan's $4.6bn financing of US gas power projects

US banks become involved in Tokyo's $550bn American funding initiative for 1st time Citigroup and JPMorgan Chase will participate in financing gas-powered plant projects in the U.S. states of Pennsylvania and Texas. (Nikkei montage/Source photos by Reuters) TOKYO — Citigroup and JPMorgan Chase Bank will join Japan in co-financing a pair of U.S. power plant […]

By deepak · August 16, 2026 · 1 min read

US banks become involved in Tokyo's $550bn American funding initiative for 1st time

Citigroup and JPMorgan Chase will participate in financing gas-powered plant projects in the U.S. states of Pennsylvania and Texas. (Nikkei montage/Source photos by Reuters)

TOKYO — Citigroup and JPMorgan Chase Bank will join Japan in co-financing a pair of U.S. power plant projects to the tune of $4.61 billion, it was announced Friday.

Source: Read the original article on asia.nikkei.com