Scatec ASA

Scatec ASA - Approval of base prospectus

Oslo 26 June 2023: The Financial Supervisory Authority of Norway has on 19 June

2023 approved the base prospectus with appendices prepared by Scatec ASA (the

Company) in connection with the listing on the Oslo Stock Exchange of the

Company's NOK 1,000 million senior unsecured green bond issued on 10 February

2023, with maturity in February 2027 (with ISIN: NO0012837030).

The prospectus with appendices is attached and published on the Company's

website: www.scatec.com/investor (http://www.scatec.com/investor).

For further information, please contact: Cecilie Engh Sætre, Head of Corporate

Finance & Treasury, tel: +47 97068181, [email protected]

About Scatec?

Scatec is a leading renewable energy solutions provider, accelerating access to

reliable and affordable clean energy emerging markets. As a long-term player, we

develop, build, own, and operate renewable energy plants, with 4.6 GW in

operation and under construction across four continents today. We are committed

to grow our renewable energy capacity, delivered by our passionate employees and

partners who are driven by a common vision of 'Improving our Future'. Scatec is

headquartered in Oslo, Norway and listed on the Oslo Stock Exchange under the

ticker symbol 'SCATC'.?To learn more, visit?www.scatec.com

(https://scatec.com/)?or connect with us on?LinkedIn

(https://www.linkedin.com/company/scatec).?

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act

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