MUFG and DWS Group launch $1bn infrastructure venture

Mitsubishi UFJ Financial Group (MUFG) has joined forces with asset manager DWS Group to launch a strategic venture targeting an initial $1bn (£0.79bn) in infrastructure and project finance transaction volumes per year.

DWS Group’s US infrastructure debt program currently manages $4.7bn of committed capital across funds and collateralised loan obligations (CLOs), and has made more than 275 investments across infrastructure sub-sectors since 2014.

Meanwhile, MUFG has ranked top of the industry league tables for project finance loan origination in the Americas for the past 10 years. It manages more than 300 credit facilities for infrastructure assets in the power, energy, digital, and transportation sectors.

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“The alliance with DWS highlights MUFG’s commitment to delivering tailored capital and advisory solutions that meet our clients’ evolving needs in energy transition and the expanding digital infrastructure sector,” said Erik Codrington, head of project finance – Americas for MUFG.

“Our collaboration with DWS, a global asset manager, strengthens our ability to deliver impactful financing and distribution outcomes for our global project finance and infrastructure clients,” added Art de Peña, head of international private side distribution at MUFG.

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“We are excited to deepen our relationship with MUFG, a recognised market leader in infrastructure finance, and look forward to designing financing solutions tailored to meet institutional market demands,” said Jonathan Newman, head of US infrastructure debt at DWS.

“Leveraging the asset class knowledge, origination capabilities, and institutional relationships of both firms, we look forward to creating value for clients and supporting subsectors critical to economic growth.”

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