Scatec Solar closes sale of the 104 MW Utah Red Hills solar plant




December 29, 2016: Scatec Solar ASA (SSO) has closed the sale of 100% of the
sponsor equity in the 104 MW (DC) Utah Red Hills solar power plant to MIC
Renewable Energy Holdings LLC, owned by Macquarie Infrastructure Corporation
(NYSE; MIC).

The sale generated gross cash proceeds to Scatec Solar of USD 28 million (NOK
245 million). The consolidated book value of Scatec Solar's sponsor equity in
the project company is USD 21 million (NOK 183 million).

After this transaction, Scatec Solar holds 322 MW of large scale solar plants in
operation. The company has a backlog of projects with secured long-term off-take
agreements of 731 MW across a number of regions in addition to a project
pipeline of about 1,100 MW.

For further information, please contact:

Mr. Mikkel Tørud, CFO,             tel:
+47 976 99 144           mikkel.torud@scatecsolar.com

Ms. Julie Hamre, Media,            tel: +47 920 20 854
julie.hamre@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 600 MW.

The company is producing electricity from 322 MW of solar power plants in the
Czech Republic, South Africa, Rwanda, Honduras and Jordan. With an established
global presence, the company is growing briskly with a project backlog and
pipeline of 1.8 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'.