BBVA, Houston, Texas. Credit: Brett Hondow, Shutterstock.
BBVA has become the fourth-largest bank financing data centres in the U.S. between January and May 2025, according to its Global Head of Sustainability and CIB, Javier Rodríguez Soler.
Speaking at an event hosted by the Spain–U.S. Chamber of Commerce in Houston, Rodríguez Soler reaffirmed BBVA’s growing footprint in the U.S., calling it the bank’s fastest-expanding corporate market.
He highlighted surging demand for energy due to electrification, artificial intelligence, and digitalisation – factors driving investment in infrastructure like power grids, renewable energy, and data storage. “Clean technologies are not only necessary – they are also a profitable option,” he stressed.
BBVA’s sustainability-focused strategy includes a new Houston hub and expanded operations in New York and Miami. The bank sees major opportunities in Texas, with $700 billion needed for power transmission and 800 gigawatts of renewable energy expected across the U.S. by 2035.
Rodríguez Soler also underlined BBVA’s role as a bridge between Spain, Mexico, and the U.S., tapping into nearshoring trends. The bank aims to channel €700 billion in sustainable business by 2029, up from €304 billion since 2018.
The event was attended by Spain’s Economy Minister and marked the launch of a Spanish investment barometer for the U.S.
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