Second quarter results - ready to harvest project backlog




Oslo, July 21, 2017: Scatec Solar's second quarter consolidated revenues reached
NOK 279 million, up from 213 million in the same period last year. Consolidated
EBITDA reached NOK 217 million, up from NOK 153 million last year. The year on
year increase in revenues and EBITDA is mainly explained by better solar
irradiation, additional revenues from the new plants in Jordan and a
strengthening of ZAR/NOK of 17%.

Scatec Solar's proportionate share of revenues reached NOK 165 million, down
from 437 million in the same period last year. The proportionate EBITDA reached
NOK 100 million in line with the same period last year. Cash flow to equity
across all business activities reached NOK 20 million in the second quarter,
compared to NOK 31 million in the same period last year.

Power production reached 147 GWh in the second quarter, up 24% from same quarter
last year, excluding divestments, and down 6% from previous quarter due to
seasonally lower production in South Africa.

"We have made significant progress on the 1,143 MW project backlog over the last
few months and several projects are approaching financial close. With these
projects, we are set to strengthen our position as a leading emerging market
focused IPP. With technology innovation and cost reductions in the industry we
are exploring additional partnerships and new business models that will allow us
to add to our growth opportunities ", says Scatec Solar's CEO, Raymond Carlsen.

For more details, please see attached the second 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