Lily Veronica Esfandiary

Associate

Areas of Focus

Lily Veronica Esfandiary

Associate

lesfandiary@akingump.com

Areas of Focus

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Biography
  • Advises clients on a broad range of tax matters.
  • Focuses on domestic infrastructure and renewable energy projects.
  • Represents developers, sponsors, tax-equity investors, lenders and other stakeholders in the acquisition, development and financing of power generation and infrastructure projects.

Lily Esfandiary focuses her practice on complex tax matters relating to the energy transition, including with respect to tax credit qualification under the Inflation Reduction Act, tax equity transactions, and tax credit transfer transactions.

Previously, Lily was a tax manager with a global management consulting firm based in Washington, D.C., where she advised clients on transactional planning and compliance for federal income tax incentives. Lily regularly assisted developers, tax equity investors, and insurers of wind, solar and energy storage projects, and specialized in issues relating to the investment tax credit, production tax credit, prevailing wage and apprenticeship, domestic content, energy community, and other credit/bonus credit requirements.

Education
  • LL.M., Georgetown University Law Center, 2022

  • J.D., George Mason University School of Law, 2021

  • M.S., University of Maryland, College Park, 2018

  • B.S., University of Maryland, College Park, 2017

Bar Admissions
  • District of Columbia

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