Scatec Solar ASA – Share capital increase registered

Oslo, 4 February 2019: Reference is made to the stock exchange announcement by Scatec Solar ASA (“Scatec Solar”) published 1 February 2019 regarding a share capital increase following an exercise of employee share options. The issuance of 341,240 new shares has been registered with the Norwegian Register of Business Enterprises. Following registration, the share capital of Scatec Solar is NOK 2,843,841.80 divided on 113,753,672 shares, each with a nominal value of NOK 0.025. Each share represents one vote in the company’s General Meeting.

For further information, please contact:
Ingrid Aarsnes, VP Communication & IR tel: +47 950 38 364 ingrid.aarsnes@scatec.com

About Scatec Solar
Scatec Solar is an integrated independent solar power producer, delivering affordable, rapidly deployable and sustainable clean energy worldwide. A long- term player, Scatec Solar develops, builds, owns, operates and maintains solar power plants and has an installation track record of more than 1 GW. The company has a total of 1.7 GW in operation and under construction in Argentina, Brazil, the Czech Republic, Egypt, Honduras, Jordan, Malaysia, Mozambique, Rwanda, South Africa and Ukraine.

With an established global presence and a significant project pipeline, the company is targeting a capacity of 3.5 GW in operation and under construction by end of 2021. 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 to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act