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2015-03-25

Scatec Solar ASA: Scatec Solar ASA - Annual accounts and proposed dividend

Oslo, March 25, 2015: The board of directors of Scatec Solar ASA ('SSO') has resolved the annual accounts and annual report for the financial year 2014. The annual accounts were resolved without changes from the preliminary results published on February 11, 2015.
The board of directors of Scatec Solar ASA ('SSO') has furthermore resolved to propose to the annual general meeting a dividend of NOK 0.27 per share (based on 93,816,230 shares outstanding).
The annual general meeting is contemplated for May 7, 2015. The company's shares will trade on the Oslo Stock Exchange exclusive the right to receive dividend from May 8, 2015.

For further information, please contact:

* Mr. Mikkel Tørud, CFO, tel: +47 976 99 144,

E-mail:mikkel.torud@scatecsolar.com

About Scatec Solar

Scatec Solar is an integrated independent power producer, aiming to make solar
a sustainable and affordable source of energy worldwide. Scatec Solar
develops, builds, owns and operates solar power plants and delivers power
from 220 MW in the Czech Republic, South Africa and Rwanda. The company is in
strong growth and has 207 MW under construction in the US, Honduras and
Jordan as well as a solid pipeline of projects under development in Africa,
Middle East, Americas and Asia. Scatec Solar is headquartered in Oslo, Norway
and listed on the Oslo Stock Exchange under the ticker symbol 'SSO'

For more information on Scatec Solar, please visit our home
pagewww.scatecsolar.com

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

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

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Scatec Solar ASA via Globenewswire

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