The Awareness Group (TAG) Announces Strong Key Performance Metrics for its Non-FICO Driven Residential PPA
The Awareness Group (TAG) reported significant growth metrics for its Non-FICO Driven Residential PPA program. Since its beta launch in July with two TAG GRID members and official launch in September, the company has:
- Signed 475 projects with a total contract value of $36.9 million through November
- Generated $28.8 million in TAG-owned notes
- Created $13.6 million in investment tax credits (ITC)
The company has expanded from 2 to 10 active TAG GRID members submitting projects, with 21 members total onboarded and expected to begin production in 2025. TAG also introduced a new 30-year residential solar loan program featuring no dealer fees and faster payouts. The company's solutions are now available to homeowners across all 50 states through their non-FICO driven residential solar leasing program.
The Awareness Group (TAG) ha riportato metriche di crescita significative per il suo programma di PPA residenziale non basato su FICO. Dalla sua lancio beta a luglio con due membri di TAG GRID e il lancio ufficiale a settembre, l'azienda ha:
- Firmato 475 progetti con un valore contrattuale totale di 36,9 milioni di dollari fino a novembre
- Generato 28,8 milioni di dollari in note di proprietà TAG
- Creato 13,6 milioni di dollari in crediti d'imposta per investimenti (ITC)
L'azienda è passata da 2 a 10 membri attivi di TAG GRID che presentano progetti, con un totale di 21 membri a bordo che si prevede inizieranno la produzione nel 2025. TAG ha anche introdotto un nuovo programma di prestiti residenziali solari di 30 anni senza commissioni per i rivenditori e con pagamenti più rapidi. Le soluzioni dell'azienda sono ora disponibili per i proprietari di case in tutti i 50 stati tramite il loro programma di leasing solare residenziale non basato su FICO.
The Awareness Group (TAG) informó métricas de crecimiento significativas para su programa de PPA residencial no basado en FICO. Desde su lanzamiento beta en julio con dos miembros de TAG GRID y el lanzamiento oficial en septiembre, la empresa ha:
- Firmado 475 proyectos con un valor total de contrato de 36,9 millones de dólares hasta noviembre
- Generado 28,8 millones de dólares en notas de propiedad de TAG
- Creado 13,6 millones de dólares en créditos fiscales de inversión (ITC)
La empresa ha crecido de 2 a 10 miembros activos de TAG GRID que presentan proyectos, con un total de 21 miembros incorporados que se espera comiencen la producción en 2025. TAG también introdujo un nuevo programa de préstamos solares residenciales a 30 años sin comisiones para los distribuidores y con pagos más rápidos. Las soluciones de la empresa ahora están disponibles para los propietarios de viviendas en los 50 estados a través de su programa de arrendamiento solar residencial no basado en FICO.
The Awareness Group (TAG)는 FICO 기반이 아닌 주거용 PPA 프로그램에 대한 중요한 성장 지표를 보고했습니다. 7월에 두 명의 TAG GRID 회원과 함께 베타 출시한 이후, 9월에 공식 출시하였으며 회사는:
- 475개 프로젝트에 서명하여 총 계약 가치는 3,690만 달러에 달하고 있습니다(11월 기준)
- TAG 소유의 노트에서 2,880만 달러를 생성하였으며
- 투자세액공제(ITC)로 1,360만 달러를 창출하였습니다.
회사는 2명의 TAG GRID 회원에서 10명의 활성 TAG GRID 회원으로 늘어났으며, 현재 총 21명 회원이 onboard 되어 있으며 2025년에 생산을 시작할 예정입니다. TAG는 또한 중개인 수수료가 없고 더 빠른 지급을 특징으로 하는 30년 주거용 태양열 대출 프로그램을 도입하였습니다. 회사의 솔루션은 이제 FICO 기반이 아닌 주거용 태양열 임대 프로그램을 통해 전 50개주에서 주택 소유자에게 제공됩니다.
The Awareness Group (TAG) a rapporté des indicateurs de croissance significatifs pour son programme de PPA résidentiel non basé sur FICO. Depuis son lancement en version bêta en juillet avec deux membres de TAG GRID et son lancement officiel en septembre, l'entreprise a :
- Signé 475 projets avec une valeur totale de contrat de 36,9 millions de dollars jusqu'en novembre
- Généré 28,8 millions de dollars en notes détenues par TAG
- Créé 13,6 millions de dollars en crédits d'impôt pour investissements (ITC)
L'entreprise est passée de 2 à 10 membres actifs de TAG GRID soumis à des projets, avec un total de 21 membres intégrés et prévus pour commencer la production en 2025. TAG a également introduit un nouveau programme de prêt solaire résidentiel de 30 ans sans frais de courtier et avec des paiements plus rapides. Les solutions de l'entreprise sont désormais disponibles pour les propriétaires à travers les 50 États via leur programme de location solaire résidentielle non basé sur FICO.
The Awareness Group (TAG) berichtete über signifikante Wachstumskennzahlen für sein FICO-freies Wohn-PPA-Programm. Seit der Beta-Einführung im Juli mit zwei TAG GRID-Mitgliedern und dem offiziellen Start im September hat das Unternehmen:
- 475 Projekte mit einem Gesamtvertragswert von 36,9 Millionen Dollar bis November unterzeichnet
- 28,8 Millionen Dollar in TAG-eigenen Noten generiert
- 13,6 Millionen Dollar in Investitionssteuergutschriften (ITC) geschaffen
Das Unternehmen hat sich von 2 auf 10 aktive TAG GRID-Mitglieder erhöht, die Projekte einreichen, mit insgesamt 21 Mitgliedern, die an Bord sind und voraussichtlich 2025 mit der Produktion beginnen werden. TAG hat auch ein neues 30-jähriges Wohn-Solar-Darlehensprogramm ohne Händlergebühren und schnellere Auszahlungen eingeführt. Die Lösungen des Unternehmens sind jetzt über ihr FICO-freies Wohn-Solarleasing-Programm in allen 50 Bundesstaaten für Eigenheimbesitzer verfügbar.
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Beta began in July with two TAG GRID members; Product officially launched in September
Signed 475 projects worth nearly
Contracts created nearly
Scottsdale, Arizona--(Newsfile Corp. - December 16, 2024) - The Awareness Group (OTC Pink: FHLD) (TAG) (trading as Freedom Holdings), $FHLD, an emerging national leader in residential and commercial solar energy services and financing solutions and creator of the TAG GRID, today revealed strong growth in several key performance metrics for its Non-FICO Driven Residential PPA administered by TAG Financial Services (TFS).
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Pablo Diaz, CEO and Founder of The Awareness Group Commented:
"Our first-of-its-kind residential PPA, which eliminates FICO scores as a key determinant of approval, is a game-changer in the solar industry. The results speak for themselves: since July, we've signed 475 solar projects, representing a TCV of
"The amazing thing is that during the beta test phase from July through mid-September, we onboarded just two TAG GRID members to sell this product. Since the official launch in mid-September, we've been rapidly expanding, bringing our total to 10 TAG GRID members submitting projects for this innovative product and 21 total have been onboarded and are expected to begin producing in 2025. In addition, with our recently launched TAG-owned non-FICO driven residential solar leasing program, we now enable TAG GRID members to offer our residential solar solutions to homeowners in all 50 states.
"However, I'm even more thrilled about the latest addition to the TFS portfolio-a unique 30-year residential solar loan program with no dealer fees and faster payouts for sales organizations and EPCs. By eliminating dealer fees, we're lowering interest-bearing loan balances for homeowners, creating a win-win for all stakeholders.
"We believe our diverse and innovative product portfolio is among the strongest in the residential solar space, and it positions us to continue driving growth across the TAG GRID while delivering exceptional value to our members, their customers and our investors."
About TAG
At The Awareness Group (TAG), we're not just part of the alternative energy revolution-we're leading it. Fueled by innovation, TAG is setting new benchmarks with the TAG GRID. This groundbreaking national platform delivers a unique, differentiated program of solar services and financing solutions to its members for both commercial and residential projects. By managing the project from concept to installation, TAG aims to bring a world-class level of service to all members of the TAG GRID and their customers as the guarantor for all projects, therefore bringing higher levels of satisfaction to service providers and end customers. Our growth engine, TAG Financial, encompasses two divisions. TAG Financial Services (TFS) empowers TAG GRID members by managing the front end of the process, working with sales organizations, providing access to a suite of exclusive TAG and third-party lending products and cutting-edge fintech solutions. With TAG Capital, our dynamic in-house fund management division, we're taking it further-directly funding proprietary lending products while maximizing the value of our loan portfolios and investment tax credits (ITCs). As organic growth drives our core strategy, we're also accelerating our expansion through strategic acquisitions, using a proven strategy to secure forward-thinking companies across the alternative energy landscape that will drive incremental revenue, bring unique offerings and solidify TAG's place as the guarantor of all TAG GRID projects. Combined, these initiatives are propelling TAG forward, delivering exceptional value for our customers, employees, partners and investors. With TAG, the future of energy is here and now.
For more information, please visit us at https://www.awarenessgroup.llc/
Follow us on X: @AwarenessGroup1
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Forward-Looking Statements
In this press release, all statements that are not purely about historical facts, including, but not limited to, those in which we use the words "believe," "anticipate," "expect," "plan," "intend," "estimate, "target" and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors, including, but not limited to, those described in our most recent report on SEC Form 10-K (under the headings "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations"), which may be revised or supplemented in subsequent reports on SEC Forms 10-Q and 8-K. We are under no obligation, and expressly disclaim any obligation, to update the forward-looking statements in this press release, whether as a result of new information, future events or otherwise.
TAG Investor Relations and Media Contact:
Brian Siegel, IRC®, M.B.A.
Senior Managing Director
Hayden IR
(346) 396-8696
brian@haydenir.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/233867
FAQ
What are the key performance metrics for FHLD's Non-FICO Driven Residential PPA program in 2024?
How many TAG GRID members are currently active in FHLD's solar program?
What is unique about FHLD's new 30-year residential solar loan program?
When did FHLD launch its Non-FICO Driven Residential PPA program?
What is the geographical coverage of FHLD's residential solar solutions?
