Scatec ASA

First phase of Scatec Solar's 258 MW solar plant in South Africa in commercial operation

Oslo, 18 February 2020: Scatec Solar and partners have grid connected and

reached commercial operation for 86 MW of the 258 MW solar power complex in

Upington, South Africa. The 86 MW facility, known as Sirius, is expected to

produce 217 GWh and will lead to the abatement of more than 180,000 tonnes of

CO(2) emissions annually.

"We are pleased to reach another milestone with the grid connection of our

fourth solar power plant in South Africa, with a combined capacity of 276 MW.

South Africa continues to be a very important market for Scatec Solar, and we

are developing several interesting project opportunities both within the utility

scale segment as well as our container based solar solution - Release", says

Raymond Carlsen, CEO of Scatec Solar.

The three projects in Upington was awarded in April 2015 in the fourth bidding

round under the Renewable Energy Independent Power Producer Programme (REIPP) in

South Africa. Scatec Solar owns 42%, Norfund holds 18%, the surrounding

Community of Upington 5% and H1 Holdings, a South African Black investor holds

the remaining 35% of the equity. The two remaining solar plants totalling 172

MW are expected to reach commercial operation within the next few months.

For further information, please contact:

Ingrid Aarsnes, VP Communication & IR, tel: +47 950 38 364

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 1.3 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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