Scatec ASA - Share Issue/Capital Change 2019

Scatec Solar ASA - Share capital increase registered

Oslo, 4 February 2019: Reference is made to the stock exchange announcement by

Scatec Solar ASA ("Scatec Solar") published 1 February 2019 regarding a share

capital increase following an exercise of employee share options. The issuance

of 341,240 new shares has been registered with the Norwegian Register of

Business Enterprises. Following registration, the share capital of Scatec Solar

is NOK 2,843,841.80 divided on 113,753,672 shares, each with a nominal value of

NOK 0.025. Each share represents one vote in the company's General Meeting.

For further information, please contact:

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

(https://www.globenewswire.com/Tracker?data=O8ovLzG217fs52E24NXUXa09LLYhI_EWpLVo

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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 (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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