Scatec Solar ASA: Contemplated Bond Issue

Oslo, November 9, 2015: Scatec Solar ASA is contemplating a senior unsecured bond issue with maturity in November 2018. The proceeds will be used for general corporate purposes.

DNB Markets, Nordea Markets and Swedbank have been appointed as joint lead managers for the contemplated bond issue.

For further information, please contact:
Mr. Mikkel Tørud, CFO, tel: +47 976 99 144, mikkel.torud@scatec.com

About Scatec Solar:
Scatec Solar is an integrated independent solar power producer, delivering affordable, rapidly deployable and sustainable source of clean energy worldwide. A long term player, Scatec Solar develops, builds, owns, operates and maintains solar power plants, and already has an installation track record of close to 600 MW.

Currently, the company is producing electricity from 279 MW of solar power plants in the Czech Republic, South Africa, Rwanda and Honduras. Construction of additional 147 MW solar power plants in the USA and Jordan is under way.

With an established global presence, the company is growing with a project backlog and pipeline of more than 1.5 GW under development in the Americas, Africa, Asia and the Middle East. Scatec Solar is headquartered in Oslo, Norway and listed on the Oslo Stock Exchange under the ticker symbol ‘SSO’. To learn more, visit www.scatec.com

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.