The Awareness Group (TAG) Announces Strong Key Performance Metrics for its Non-FICO Driven Residential PPA

Core Insights - The Awareness Group (TAG) has reported strong growth metrics for its Non-FICO Driven Residential Power Purchase Agreement (PPA), with a total contract value (TCV) of nearly $37 million from 475 signed projects as of November 2024 [2][4]. - The company has generated approximately $29 million in notes and $14 million in investment tax credits (ITC) owned by TAG [2][4]. - TAG's innovative approach eliminates FICO scores as a determinant for approval, which is seen as a significant advancement in the solar industry [4][5]. Performance Metrics - TAG's Non-FICO Driven PPA was in beta from July to mid-September 2024, initially onboarding only 2 TAG GRID members, but has since expanded to 21 members by December 2024 [3][5]. - The official launch in mid-September led to rapid growth, with 10 TAG GRID members actively submitting projects [5]. - The company has introduced a 30-year residential solar loan program that eliminates dealer fees, benefiting homeowners and sales organizations [6]. Strategic Positioning - TAG aims to lead the alternative energy revolution with its TAG GRID platform, offering a differentiated program of solar services and financing solutions [7]. - The company manages projects from concept to installation, enhancing service quality for members and customers [7]. - TAG Financial Services (TFS) supports TAG GRID members by providing access to exclusive lending products and fintech solutions, while TAG Capital focuses on funding proprietary lending products [7].