Reason for correction: Primary insiders' subsctiptions and number of shares held by primary insiders updated in attachment.

14 March 2019: As announced on 1 March 2019, Scatec Solar offered participants the opportunity to purchase shares with a subscription value of between NOK 15,000 and NOK 76,250.

The subscription period was from 7 March to 13 March 2019. The shares will be allocated to employees on or about 25 March 2019. Please see attachment for an overview of the primary insiders whom have subscribed for shares in Scatec Solar ASA as per end of the subscription period.

The purchase price and the number of shares acquired by the primary insiders, as well as their updated shareholdings, will be notified the Oslo Stock Exchange following the determination of price per share and allocation of shares.

For further information, please contact:

Ingrid Aarsnes, VP Communication & IR
Tel: +47 950 38 364, Ingrid.aarsnes@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 more than 1 GW. The company has a total of 1.7 GW in operation and under construction in Argentina, Brazil, the Czech Republic, Egypt, Honduras, Jordan, Malaysia, Mozambique, Rwanda, South Africa and Ukraine.

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 the Norwegian Securities Trading Act

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