Scatec ASA

Scatec ASA - Approval of base prospectus

Oslo, 23 June 2021: The Financial Supervisory Authority of Norway has on 18 June

2021 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 EUR 250 million senior unsecured green bond issued on 9 February

2021, with maturity in August 2025 (with ISIN: NO0010931181).

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, VP Treasury

Mobile: +47 97068181, Email: [email protected]

About Scatec

Scatec is a leading renewable power producer, delivering affordable and clean

energy worldwide. As a long- term player, Scatec develops, builds, owns and

operates solar, wind and hydro power plants and storage solutions. Scatec has

more than 3.5 GW in operation and under construction on four continents and more

than 500 employees. The company is targeting 15 GW capacity in operation or

under construction by the end of 2025. 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 (http://www.scatec.com) or connect with us

on Linkedin

(https://www.globenewswire.com/Tracker?data=h9NUQ5xCbVuEfR6lA1kBVlrvkqteB_XGg-

1_G9N3FmTsw513Zq6r3N-uRf_IIDQxznhm5Ae49G82jWM-

39Co1vM9m8_C5hx2c0Yet4eR_rBHyvbxAQ-10DM0jyXUcrVrOOt7JPfDf7fxqo3-

sRbKXlfv4rBlTIoyire3pS8GPoEmnlKh4l-

kLA_0nBQplK1vXGsT9RtlHjK_olH1JFrAfS67BoQcGGuvSB8R2oxTbFLSGyg1aZwJxzyrs-pA8ENJ).

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act

AI Terminal