Oslo, 30 September 2019: Reference is made to the stock exchange announcement
published by Scatec Solar ASA ("SSO" or the "Company", ticker code "SSO ") on
25 September 2019, where the Company announced that the Board of Directors of
the Company had resolved to increase the Company's share capital through a
private placement following an accelerated book building process.
On 30 September 2019, the Company has issued 11,375,000 new shares (the "Private
Placement Shares"), which were allocated in the private placement. The Private
Placement Shares have been issued on the Company's existing ISIN NO0010809684
and admitted to trading on Oslo Stock Exchange as of today. The share capital
increase has also been registered with the Norwegian Register of Business
Enterprises. As a result of the share capital increase, the Company has
125,128,672 shares in issue, each with a par value of NOK 0.025.
For further information, please contact:
Mikkel Tørud, CFO
Tel: +47 976 99 144
mikkel.torud@scatecsolar.com (mailto:mikkel.torud@scatecsolar.com)
Ingrid Aarsnes, VP Communication & IR
Tel: +47 950 38 364
ingrid.aarsnes@scatecsolar.com (mailto:ingrid.aarsnes@scatecsolar.com)
About Scatec Solar ASA:
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 more than 1.3 GW. The
company has a total of 1.9 GW in operation and under construction on four
continents.
With an established global presence and a significant project pipeline, the
company is targeting a capacity of 4.5 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 (http://www.scatecsolar.com).
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act