Scatec ASA - AGM Information 2018

Scatec Solar ASA: Annual accounts and proposed dividend

Oslo, March 16, 2018: The Board of Directors of Scatec Solar ASA ('SSO') has

resolved the annual accounts and annual report for the financial year 2017. The

annual accounts were resolved without changes from the preliminary results

published on January 26, 2018.

As previously published, the Board of Directors of Scatec Solar ASA ('SSO') has

resolved to propose to the annual general meeting a dividend of NOK 0.78 per

share (based on 103,412,432 shares outstanding).

The annual general meeting will be held April 23, 2018. The company's shares are

traded on the Oslo Stock Exchange.

For further information, please contact:

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 1,000 MW.

Currently, the company is producing electricity from 322 MW of solar power

plants in the Czech Republic, South Africa, Rwanda, Honduras and Jordan and

another 434 MW are under construction.

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

project backlog and pipeline of more than 1.5 GW under development in the

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

Oslo, Norway

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

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