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Scatec ASA

Environmental & Social Information Sep 1, 2016

3737_iss_2016-09-01_61b0ab57-a001-4c15-baaa-b97fbc01eef8.html

Environmental & Social Information

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Scatec Solar's production capacity in Jordan reaches 43 MW with the third solar plant in commercial operation

Scatec Solar's production capacity in Jordan reaches 43 MW with the third solar plant in commercial operation

Oslo, Norway, September 1, 2016: Scatec Solar's third solar plant in Jordan has

now reached commercial operation (COD) increasing the total production capacity

in Jordan to 43 MW.

Built under the Jordanian Renewable Energy Program, the 22 MW solar plant is

developed by Scatec Solar and its local partner European Jordanian Renewable

Energy (EJRE). Scatec Solar owns 50.1% of the project company, while EJRE holds

49.9%.

The plant is built on an area of approximately 51 hectares, which is equivalent

to about 95 football fields. Situated about 225 km south of the capital city

Amman, the plant will produce electricity in excess of 52,000 MWh annually. The

plant is connected to a substation built and controlled by the state utility,

NEPCO, with whom Scatec Solar has signed a 20-year Power Purchase Agreement

(PPA).

The clean energy produced by the solar plant will avoid 33,000 tons of CO2

emissions per year and serve the electricity need of about 10,000 households

annually.

For further information, please contact:

Mr. Raymond Carlsen, CEO,      tel: +47 454 11 280

[email protected]

Mr. Mikkel Tørud, CFO,              tel: +47 976 99 144

[email protected]

About Scatec Solar

Scatec Solar is an integrated independent solar power producer, delivering

affordable, rapidly deployable and sustainable source of clean energy worldwide.

A long term player, Scatec Solar develops, builds, owns, operates and maintains

solar power plants, and already has an installation track record of close to

600 MW.

The company is producing electricity from 426 MW of solar power plants in the

Czech Republic, South Africa, Rwanda, Honduras, Jordan and the United States.

With an established global presence, the company is growing briskly with a

project backlog and pipeline of close to 1.5 GW under development in the

Americas, Africa, Asia and the Middle East. Scatec Solar is headquartered in

Oslo, Norway and listed on the Oslo Stock Exchange under the ticker symbol

'SSO'.

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