Scatec Solar increases backlog in Ukraine

Oslo, October 18, 2018: Scatec Solar has secured two new projects with a total
capacity of 121 MW in Ukraine.

The projects will be realised under the country's Feed-in-Tariff (FiT) scheme
and the solar power plants are expected to produce about 155,000 MWh per year in
total. Land will be leased for an extended time-period from local municipalities
and the plants are expected to deliver power also beyond the 10-year FiT period.

Total capex for the projects is estimated to EUR 137 million. Grid connection of
the plants is expected towards the end of 2019.

"We are pleased to secure these two new projects in Ukraine as the next step in
developing a larger portfolio of solar power plants in the country. Together
with our partners, we continue to promote renewables in this growing market,"
says Raymond Carlsen CEO of Scatec Solar.

Scatec Solar will be the lead equity investor in the projects and is targeting
to secure additional equity partners. Scatec Solar will be the Engineering,
Procurement and Construction (EPC) provider and provide Operation & Maintenance
as well as Asset Management services to the power plants.

During 2018, Scatec Solar has secured projects with a total capacity of 251 MW
in Ukraine and a total annual production of about 320,000 MWh.



For further information, please contact:
Ingrid Aarsnes, VP Communication & IR
Tel: +47 950 38 364, Ingrid.aarsnes@scatecsolar.com

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 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 1,000 MW. The company is
producing electricity from 357 MW of solar power plants in the Czech Republic,
South Africa, Rwanda, Honduras and Jordan and has 1,057 MW under construction.

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.

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.