Scatec ASA

Scatec Solar reaches commercial operation for its third 65 MW power plant in Egypt

Oslo, 11 June 2019: Scatec Solar and partners have grid connected and reached

commercial operation for another 65 MW of the 400 MW Benban project in Egypt.

Scatec Solar now has 195 MW in operation in Egypt and expects to have completed

the project during second half of 2019.

The Benban solar power plant is Scatec Solar's largest project under

construction and the first solar plant with bi-facial solar panels, capturing

the sun from both sides of the panels to increase the total clean energy

generation.

In April 2017, Scatec Solar with its partners KLP Norfund and Africa 50 signed a

25-year Power Purchase Agreements with the Government of Egypt for delivery of

electricity from six solar plants, equal in size, totaling 400 MW. The estimated

annual 870 GWh of electricity produced from Scatec Solar's plants in Benban will

avoid about 350,000 tons of CO2 emissions per year and provide energy for more

than 420,000 households in Egypt.

For further information, please contact:

Mikkel Tørud, CFO tel: +47 976 99 144

Ingrid Aarsnes, Communication & IR tel:

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 1.8 GW in operation and under construction in 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 (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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