Scatec ASA

Scatec Solar publishes Annual Report and Sustainability Report for 2019

27 March 2020: The Board of Directors of Scatec Solar ASA has approved the

annual accounts for 2019. Compared with the fourth quarter report 2019 published

21 January 2020, minor technical reclassifications have been made in the balance

sheet. There are no changes to the consolidated statement of profit or loss, nor

to the proportionate segment financials.

The Annual Report and Sustainability Report for 2019 and the Board of Directors'

Corporate Governance Report 2019 are attached to this release and available on

https://annualreport2019.scatecsolar.com/

For further information, please contact:

Ingrid Aarsnes, VP Communication & IR

Tel: +47 950 38 364, [email protected]

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 1.4 GW. The

company has a total of 1.9 GW in operation and under construction on four

continents.

With an established global presence and a significant project pipeline, the

company is targeting a capacity of 4.5 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.scatecsolar.com (http://www.scatecsolar.com).

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act

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