Dolly Mirchandani

White & Case

Partner

New York

Market leader

English


Bar admissions:

New York

Jurisdictions:

New York
United States

Practice areas:

PPP/PFI
Project development
Project finance

Industry sectors:

Social infrastructure
Transport


One of IFLR1000’s 2022 Women Leaders for US Project Finance and Project Development, Dolly has over 25 years’ of experience advising infrastructure and pension funds, sponsors and developers, commercial banks, institutional lenders, contractors, government agencies and secondary market investors in the development, acquisition, divestiture and financing of greenfield and brownfield energy and infrastructure assets, including innovative public private partnerships. She has played a leading role in the introduction and ongoing deployment of private investment and finance in the infrastructure sector in North America, having advised on multiple, award-winning transactions, many of which were first of a kind.

Due to her elite standing in the US market and strong leadership in advising clients, Dolly is one of only seven lawyers with a “Band One” ranking in both Chambers Global and Chambers USA for PPP projects. Dolly’s numerous acknowledgements by additional industry publications include her recognition as one of Euromoney’s “Best of the Best” in the USA as well as a leading “Woman in Business Law” for Project Finance (2021), as well as her achievement of “Global Leader” status in Who’s Who Legal for Project Finance and Government Contracts (2021). Additionally, Dolly recently lead the team on the award-winning Vista Ridge Pipeline P3 refinancing which was awarded “Americas Water Deal of the Year” by IJ Global 2020. She also advised on the “Americas P3 Deal of the Year” in back-to-back years – the LAX Automated People Mover P3 Project (PFI 2018) and the Newark Consolidated Rent-a-Car Facility P3 Project (PFI 2019).

Dolly received her LLM from Harvard Law School and her BA Jurisprudence from New College, Oxford.

 

We continue to stand by our mission to build upon the strength of the diversity of our lawyers and staff to continue creating an environment where all are encouraged, assisted and inspired to reach their potential. Having set a goal to be a leader in maintaining and increasing diversity in the legal profession, we are pleased that our efforts continue to be recognized by various monitoring bodies. White & Case received the highest ranking on the American Lawyer Diversity Scorecard among the Am Law top 10 firms by revenue for eight consecutive years. Specifically:

  • 2021, 2020, and 2019 Mansfield Rule Certification Plus from Diversity Lab, confirming that White & Case has “affirmatively considered at least 30 percent women, of colour and LGBT+ attorneys for leadership and governance roles, equity partner promotions, and senior lateral positions,” following receiving 2018 Mansfield Rule Certification in its inaugural year.
  • 2020 Women in Law Empowerment Forum (WILEF) certification as a Gold Standard Firm in the US and UK for the prior 12-month reporting period. We are one of 19 firms that qualified on every criteria in the US, and we are one of only five firms that qualified for both US and UK certification.
  • 2020 Tipping the Scales from the Diversity & Flexibility Alliance, for having 50% or more women in our 2020 US-based new partner class.

Click here to learn more about our worldwide diversity and inclusion efforts.

Dolly’s recent representations include:

  • Representation of Ridgewood Private Equity Partners in connection with their acquisition of a majority equity interest in Vista Ridge LLC, the concessionaire for a 142-mile water pipeline in Texas, the offtaker of which is the San Antonio Water System. We have negotiated several amendments to the Water Purchase Agreement, navigated the Project through successful achievement of COD and advised on a $1.05 billion refinancing of the Project 's construction financing at the end of 2020, implemented as a US private placement. The refinancing was recently awarded "Americas Water Deal of the Year" by IJ Global 2020. The original project was awarded "North America Water Deal of the Year" by IJGlobal 2017 and Project Finance International 2017, and "Water Deal of the Year" by Global Water Intelligence 2017 and "Best Utilities Project, Gold Award" P3 Bulletin 2017.
  • Representation of DIF Capital Partners, a leading global investment fund manager with €9.0 billion in AUM, in their acquisition of Bernhard, LLC, the largest privately-owned energy-as-a-service (EaaS) provider in the U.S. Bernhard enters into long-term turnkey EaaS concession contracts predominantly with higher education and healthcare institution customers to upgrade, retrofit and service their large existing building energy facilities in order to achieve substantial energy savings.
  • Representation of Morgan Stanley Infrastructure Inc., a leading global infrastructure investment platform, in its acquisition of Seven Seas Water Corporation, AquaVenture Holdings Inc. and AquaVenture Holdings Curacao N.V., a multinational developer, owner and operator of water production and wastewater treatment plants and businesses, from AI Aqua (Luxembourg) S.a.r.l, a company owned by Advent International Corporation.
  • Representation of CIBC, MUFG, SMBC and ANZ Bank in connection with a successful refinancing in relation to Transit Wireless’ development of a fiber network and DAS system related to the development of NYC’s subway wireless network.
  • Representation of the lenders on a US$310 million senior secured term loan facility and US$33 million letter of credit facility provided to EWR Conrac, LLC in connection with the project financing of the Consolidated Rent-A-Car project at Newark International Airport. Underpinned by a lease agreement entered into by the borrower with the Port Authority of New York and New Jersey, the project comprises the development, construction and operation of a joint-use structured parking facility at Newark Liberty International Airport, a portion of which will be used as a public parking facility and a portion of which will be used as a consolidated rental car facility. Awarded "Best Financial Structure" by P3 Bulletin 2020, "Americas P3 Deal of the Year" by PFI 2019, "Airport Deal of the Year" by IJ Americas Awards 2019 and "North America PPP Deal of the Year" by Proximo 2019.

  • LLM, Harvard Law School
  • BA Jurisprudence, University of Oxford, New College