First quarter results - on track to reach 2018 growth targets

Oslo, May 5, 2017: Scatec Solar added 400 MW to the project backlog with the
signing of 25-year PPAs for six projects in Egypt. With these additions, the
total backlog reached 1,131 MW.

First quarter consolidated revenues reached NOK 276 million, up from 228 million
in the same period last year. Consolidated EBITDA reached NOK 222 million, up
from NOK 165 million last year. The year on year increase in revenues is mainly
explained by additional revenues from the new plants in Jordan and a
strengthening of ZAR/NOK of 17%.

To improve earnings visibility Scatec Solar will this quarter supplement
consolidated financials with reporting on based on SSO's proportionate method
without eliminations. SSO's proportionate revenues reached NOK 143 million, down
from 375 million in the same period last year. Proportionate EBITDA reached NOK
87 million, up from NOK 83 million last year. More details on the financials can
be found in the first quarter report and presentation.

Scatec Solar's proportionate share of cash flow to equity across all business
activities reached NOK 7 million in the first quarter, compared to NOK 22
million in the same period last year.

Power production reached 156 GWh in the first quarter, up 12% from same quarter
last year, excluding the sold Utah plant, and down 7% from previous quarter due
to seasonally lower production South Africa.

"In the first quarter we have made further development progress, and with a
project backlog of 1,131 MW we are on track to reach our growth targets for
2018. With NOK 380 million of equity and with a cash position of NOK 665 million
we have funding for planned equity investments in our project backlog" says
Scatec Solar's CEO, Raymond Carlsen.

For more details, please see attached the first quarter report and presentation.

A presentation of the results will be held today at 08.00 at Høyres Hus,
Stortingsgata 20, 0161 Oslo. The presentation and Q&A session can also be
followed through a live webcast from our website www.scatecsolar.com/investor.

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 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'.

To learn more, visit www.scatecsolar.com