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LexisNexis Practical Guidance®
Straightforward guidance across a range of topics
- Project finance
- Regulatory framework, key features and key concepts in project finance
The meaning of completion in project finance
Using construction financings as an example, this guidance note explains how projects involving the development of a new asset or facility are generally split into two phases, being construction and operation.
In a project finance transaction, completion marks the end of the construction phase and the start of the operating phase. This guidance note explains how completion is defined and tested.
See The meaning of completion in project finance.
