08:58 AM EST, 12/04/2024 (MT Newswires) -- Mitsubishi UFJ Financial Group ( MUFG ) and DWS Group said Wednesday they have launched a partnership to improve capabilities in underwriting and distributing infrastructure and alternative credit investments.

The two companies said they are initially targeting $1 billion of annual infrastructure and project finance transaction volume.

The partnership is aimed at "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 at MUFG.