Etrion to Release Fourth Quarter and Full Year 2015 Results on March 16, 2016

March 7, 2016, Geneva, Switzerland – Etrion Corporation (“Etrion” or the
“Company”) (TSX: ETX) (OMX: ETX), a solar independent power producer, will
release its fourth quarter and full year 2015 results before market opens in
Stockholm, Sweden,  on Wednesday, March 16, 2016.

Earnings Call

A conference call webcast to present the Company’s fourth quarter and full year
2015 results will be held on Wednesday, March 16, 2016, at 11:00 a.m. Eastern
Daylight Time (EDT) / 4:00 p.m. Central European Time (CET).

Dial-in details:

North America: +1-647-788-4919 / Toll Free: +1-877-291-4570 / Sweden Toll Free:
02-079-4343

Webcast:

A webcast will be available at
http://www.investorcalendar.com/IC/CEPage.asp?ID=174541

The earnings call presentation and the Company’s 2015 consolidated financial
statements, as well as the related documents, will be available on the Company’s
website (www.etrion.com).

A replay of the telephone conference will be available until March 16, 2017.

Replay dial-in details:

North America: +1-416-621-4642 / Toll Free: +1-800-585-8367

Pass code for replay: 58911777

About Etrion

Etrion Corporation is an independent power producer that develops, builds, owns
and operates utility-scale solar power generation plants. The Company owns 139
MW of installed solar capacity in Italy, Chile and Japan. Etrion has a 25 MW
solar project under construction in Japan and several projects at different
stages of development in Japan and Chile. The Company is listed on the Toronto
Stock Exchange in Canada and the NASDAQ OMX Stockholm exchange in Sweden under
ticker symbol “ETX”. Etrion’s largest shareholder is the Lundin family, which
owns approximately 24% of the Company’s shares directly and through various
trusts.

For additional information, please visit the Company’s website at www.etrion.com
or contact:

Paul Rapisarda – Chief Financial Officer

Telephone: +41 (22) 715 20 90

Note: The capacity of power plants in this release is described in approximate
megawatts on a direct current (“DC”) basis, also referred to as megawatt-peak
(“MWp”).

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Etrion discloses the information provided herein pursuant to the Swedish
Securities Market Act. The information was submitted for publication at 8:05
a.m. CET on March 7, 2016.