Scatec Solar sells the 104 MW Utah Red Hills solar plant

October 3, 2016: Scatec Solar ASA (SSO) has entered into an agreement for sale
of 100% of the sponsor equity in the 104 MW (DC) Utah Red Hills solar power
plant with MIC Renewable Energy Holdings LLC, owned by Macquarie Infrastructure
Corporation (NYSE; MIC).

"We have over the last six months conducted a broad sales process. This
transaction confirms the solid underlying value of Scatec Solar's assets and we
will redeploy the capital into new and attractive growth markets. We are
actively pursuing a growth strategy with a clear-cut focus on developing
utility-scale solar plants in emerging markets" says Raymond Carlsen, CEO of
Scatec Solar.

The sale is expected to generate gross proceeds to Scatec Solar of USD 28
million. The proceeds are subject to further working capital adjustments at
closing. The consolidated book value of Scatec Solar's sponsor equity in the
project company is USD 21 million while the total balance sheet value is USD
137 million including project finance debt.

Prior to this transaction, Scatec Solar held 426 MW of large scale solar plants
in operation. In addition to this, the company has a backlog of projects with
secured long-term off-take agreements of 422 MW and in addition to a pipeline of
about 1.2 GW globally.

The transaction is subject to approval by the Federal Energy Regulatory
Commission and other customary closing conditions and is expected to close
before the end of 2016.

For further information, please contact:

Mr. Raymond Carlsen, CEO,      tel: +47 454 11 280
raymond.carlsen@scatecsolar.com
Mr. Mikkel Tørud, CFO,              tel: +47 976 99 144
mikkel.torud@scatecsolar.com


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 1.6 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'.