Japan Bank for International Cooperation has signed a US$630 million loan agreement with Japan Invest 3 LLC ( JI3 ), a US company established with equity investment from JBIC.  

The loan is intended to provide the funds necessary for JI3 to invest in a natural gas generation project, which is part of the first batch of projects under the Strategic Investment Initiative based on a memorandum of understanding announced by the governments of Japan and the United States in September 2025. 

The loan is co-financed with private financial institutions, bringing the total amount to US$1.89 billion. Nippon Export and Investment Insurance ( Nexi ) will provide the insurance for the loan by the private financial institutions. 

The project will proceed with the development of natural gas generation facilities and related transmission infrastructure, integrated with data centre development. It aims to secure essential infrastructure for artificial intelligence ( AI ) and advanced industries.  

Through cooperation between Japanese and US companies, the project is expected to contribute towards strengthening supply chain resilience in critical infrastructure sectors in both countries, JBIC says. 

AI infrastructure can serve as a foundation not only for advanced industries but also for critical industries. The project is expected to support the enhancement of Japan’s economic security, as well as the maintenance and improvement of its industrial competitiveness, the bank adds.