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Glossary / finance terms

Completion support

An undertaking intended to fund or address defined project-completion risks before agreed release conditions are met.

Why the distinction matters

Check the cost-overrun limit, completion tests, liquidity and longstop date. The support may expire before later operating or refinancing risks emerge.

Read the structure

Funding a build from land and power milestones to a financeable operating asset.

Data centre construction finance ↗

In the filed deals

Each of the 2025-26 high-yield lease-backed data centre bonds reviewed on this site relies on sponsor completion support.

For in-house counsel

Take it to the documents

The filed wording behind GPU and data centre financings, for either side of the table. Previews are open; the full text is free with InfraCompute Weekly.

Related terms

Explanatory definition, not a statement that a particular transaction contains this term or a substitute for its contractual definition.

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Randeep Bubbra

InfraCompute Weekly

The week in compute finance, read from the filings.

Deals, terms and the clauses behind them, for the people financing data centres, GPU clouds and the power behind them. By Randeep Bubbra.

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