Oslo, 29 January 2021: Reference is made to the stock exchange release on 16 October 2020 where Scatec announced that it had signed a binding agreement to acquire 100% of the shares in SN Power from Norfund for a total equity value of USD 1,166 million. Scatec has now received all necessary approvals and conditions are fulfilled to close the acquisition pursuant to the agreement with Norfund.

Oslo and Singapore, January 27th, 2021 - The two renewable energy companies, SN Power AS and Mekong Wind Pte Ltd, has today finalised and completed the transaction relating to the acquisition of Dam Nai Wind Power JSC.