Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Completion definition

What does Completion mean? In legal practice, Completion is the point at which a transaction is finally effected, sometimes called 'closing' in cross‑border deals: consideration is paid and title, assets or rights are transferred after all conditions precedent are satisfied or waived and the required completion documents are delivered. Not generally defined by legislation, it is a contractual expression used across conveyancing, corporate/M&A and finance, informed by common law. Key features include a completion date/time; completion mechanics (agenda or checklist); execution and delivery of transfers and ancillary documents; release of funds (often against undertakings); and, where relevant, escrow or virtual completion. Completion usually fixes when...

Comprehensive financial close document checklist for merchant waste to energy projects: project, finance, shareholder and ancillary documents explained (England and Wales)

Published by a LexisNexis Energy expert

Practice notes

Introduction

This Practice Note outlines the principal documents commonly required at financial close for a merchant waste to energy project, together with a brief summary of each. It is prepared on the basis of a primary deal where a Special purpose vehicle (SPV)—typically known as ‘ProjectCo’ and referred to as ProjectCo in this Practice Note—owns and funds the project, and where the following are executed or provided at financial close:

project documents (energy and operations, property, planning, environmental and construction)
project Finance documents
shareholder finance documents
associated due diligence reports, legal opinion and other ancillaries

That said, this list can equally serve as a reference point for a secondary market merchant waste to energy transaction, since many documents requiring review and/or amendment will be the same.

For a companion template of this Completion documents list, without document explanations and suitable for use at completions, see Precedent: Project lawyers’ completion documents list—waste to energy projects (merchant)—template.

This list is organised as follows:

Project Documents
Finance Documents (assuming project finance is being provided)
Shareholder funding

...

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Web page updated on 21/05/2026

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