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Front Page > Current Education > Mechanical and Production Engineering (KT) > 2022 > Year 3 > Cost and Project Finance in Energy Business (IK00BE85)

Cost and Project Finance in Energy Business

Structure Type: Study unit
Code: IK00BE85
Curriculum: KT 2022
Level: Bachelor of Engineering
Year of Study: 3 (2024-2025)
Semester: Spring
Credits: 5 cr
Responsible Teacher: Agbejule, Adebayo
Language of Instruction: English

Courses During the Academic Year 2024-2025

Impl.Group(s)Study TimeTeacher(s)LanguageEnrolment
3005ET2022-3B, KT2022-3B2025-01-07 – 2025-04-30Adebayo AgbejuleFinnish2024-12-01 – 2025-01-13
3006ET2021V-4, ET2021V-4B, KT2021V-4, KT2021V-4B2024-08-30 – 2024-12-20Adebayo AgbejuleFinnish2024-08-01 – 2024-09-06

Taking the course in advance? See the courses during the academic year 2023-2024.

Learning Outcomes

The objective of the course is directed at the following learning outcome and competences:
developing a solid understanding in the techniques of cost and project finance and the key issues in its practice.
acquiring knowledge in in covering important legal documentation issues and in providing students with the opportunity to undertake project evaluation.
students will gain knowledge how lenders evaluate credit ratings in energy projects and understand major bottlenecks that can jeopardize financial closings and developing skills to tackle cultural barriers between project developers and lenders.

Student's Workload

70h scheduled studies
65h autonomous studies
The assessment of student’s own learning 1 h is included in contact lessons.

Prerequisites / Recommended Optional Courses

Basics of Cost Accounting


Introduction to energy projects and businesses, business and project environment of energy business, basics of project finance and structure, risks and contracts in energy business, tools of cost management in energy business, cost and financial modeling of energy business


Financing energy projects in developed and developing countries

Recommended or Required Reading and Other Learning Resources/Tools

Principles of Project Finance by E.R. Yescombe

Mode of Delivery / Planned Learning Activities and Teaching Methods

Lectures, assignments, team works and project work

Assessment Criteria

1: The student is able, with guidance, to utilise the methods learnt during the study unit.
3: The student is able to utilise the methods learnt during the study unit independently.
5: The student is able to utilise the methods learnt during the study unit independently and is able apply the learnt knowledge in new contexts

Assessment Methods

Active participation, team works, exams and project work