Dolly Mirchandani

Partner, New York


Sources say Dolly Mirchandani is “an absolute star in the field ”and “extremely well respected.” She has considerable prowess assisting clients with their PPP project development and financing goals across the transportation and social infrastructure sectors.
Chambers USA 2020


Dolly Mirchandani's practice focuses on infrastructure and public private partnerships projects, reflecting over 20 years' of experience working on some of the most significant deals in the sector. She represents sponsors, infrastructure funds, commercial banks, institutional lenders, contractors, government agencies and secondary market investors in the development, acquisition, divestiture and financing of greenfield and brownfield infrastructure projects. She has played a leading role in the introduction 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.

Industry press consistently recognizes Dolly as a leading lawyer in the sector. She is ranked Band One in both Chambers Global and Chambers US for PPP projects. She was awarded Global Leader status for both 'Project Finance 2019' and 'Government Contracts 2019' by Who's Who Legal. She was recently acknowledged in Euromoney's latest Women in Business Law Expert Guide as a leading practitioner for both 'Women in Business Law' and 'Project Finance' categories. She was also featured on Law360's 2013 Rising Star list of top partners under 40.

Bars and Courts
New York State Bar
Harvard Law School
BA Jurisprudence
University of Oxford
New College


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. The project was awarded "Airport Deal of the Year" by IJ Americas Awards 2019 and "North America PPP Deal of the Year" by Proximo 2019.

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 JetBlue Airways Corporation in connection with the development of terminals at JFK International Airport in furtherance of Governor Cuomo's Vision Plan for JFK.

Representation of ACS Infrastructure Development, Inc., AECOM Capital and John Laing Investment Limited in connection with the construction and development of the Consolidated Rent-a-Car Facility to serve the LAX International Airport.

Representation of ACS Infrastructure Development, Balfour Beatty Investments, Bombardier Transportation, Fluor Corporation and Hochtief PPP Solutions in their successful bid for and financial close of the APM project of the LAX Landside Access Modernization Program. The financing consisted of a combined bank bond structure with US$1.2 billion of private activity bonds, which were rated investment grade by Fitch combined with a US$270 million, five-year construction facility provided by commercial banks. The project was awarded "Best Transit Project" by P3 Bulletin 2018, "Americas P3 Deal of the Year" by Project Finance International 2018 and "North American PPP Deal of the Year" by IJGlobal 2018.

Representation of Transurban in connection with the I-395 HOT Lanes project in Virginia, an expansion of Transurban's successful I-95 HOT Lanes project in Virginia, which involved renegotiation of the comprehensive agreement with the Virginia Department of Transportation, solicitation of consents from existing bondholders and the US DOT, issuance of additional parity private activity bonds and negotiation of Virginia Transportation Infrastructure Bank loan arrangements with the Virginia Resource Authority.*

Representation of Engie, Axium Infrastructure and Cofely in connection with their successful bid for OSU's Comprehensive Energy Management Project.*

Representation of Ridgewood Private Equity Partners in connection with their acquisition of an 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.

Representation of Deutsche Bank in connection with the Green Corridor road project, the first P3 project in Aruba. This project was awarded "Caribbean Deal of the Year" by Latin Finance 2016.*

Representation of the institutional investors in the US$1billion tax-exempt (PABs) financing for the Carlsbad Desalination Project in Carlsbad, California. Sponsored by Poseidon Water and executed as a private placement, and was the first desalination project of its kind to close in California. This project was awarded "North American Water Deal of the Year" by Project Finance 2012.*

Representation of Regional Transportation District of Denver on the US$1.2 billion Eagle P3 Rail Project in Denver, Colorado. The project was awarded the American Road and Transportation Builders Association's "P3 Project of the Year", "North American Transportation Deal of the Year" by Project Finance 2010 and was hailed by Infrastructure Journal as 'landmark' and 'an example of how a project of this type can be completed successfully.'*

Representation of KKR and United Water in connection with their bid for the City of York, Pennsylvania water and wastewater management system.*

Representation of Lend Lease and McCarthy in connection with their bid for the University of California’s Merced campus redevelopment project.*

Representation of the Pennsylvania Department of Transportation (PennDOT) on its Rapid Bridge Replacement Project.*

*All matters prior to joining White & Case

Awards and Recognition

Listed among IFLR1000's Women Leaders for Project Finance and Project Development in the United States, 2021

Band 1 for Projects: PPP 
Chambers USA 2020

Band 1 for Projects: PPP - USA
Chambers Global 2020

Listed in Euromoney's Women in Business Law Guide for Project Finance, 2020

Leading Practitioner: Project Finance
Women in Business Law Expert Guides 2019

Named to the Rising Stars list
Law360 2013