Scatec ASA

Correction: Scatec Solar sells 50,904 shares to employees

Reason for correction: Total number of shares held by primary insider updated in

attachment.

27 March 2019: Nordea Markets has today, on behalf of Scatec Solar ASA, sold

50,904 shares to employees participating in the Company's Share Purchase

Programme. Following the transaction, Scatec Solar ASA holds no own shares. The

price was based on the average volume weighted share price on Oslo stock

exchange over the five days period from 18 March to 22 March 2019, resulting in

a price per share of NOK 86.93.

76% of the employees in Scatec Solar ASA participated in the Company's first

Share Purchase Programme. Attached is an overview of the primary insiders' share

purchases in connection with the programme.

For further information, please contact:

Ingrid Aarsnes, VP Communication & IR

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

(https://www.globenewswire.com/Tracker?data=HfzzjprFqTuZp3z5giNL4SspkUT7XJiYGMcO

XdMBfdWBrVpr6rH0x5Un106WoQez5wx0aFHJhoKlxfel_bOLOw6pfsh1cyf5WGsAj4LABBUSoJzog_w_

sNDZoRUHlwZT)

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.scatecsolar.com

(https://www.globenewswire.com/Tracker?data=10jbygsE0oxffKCFONrJ07K54i5t0zSNrKA-

EtQMwQGqrQI1un_QIoQqKL5HHN6PMOG954uy5WNrX78FEXSYnX21Hqjl28Z4U7Hsg7dM8Kw=).

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act

Attachment

* Overview of shares purchased by primary insiders 27032019 (https://ml-

eu.globenewswire.com/Resource/Download/9a38eaaf-32f4-455e-bfff-5fc62a5f844e)

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