The Awareness Group (TAG) Launches TAG Capital to Drive Renewable Energy Financing
Rhea-AI Summary
The Awareness Group (TAG) has launched TAG Capital, a new division under TAG Financial, to revolutionize renewable energy project financing. TAG Capital will support the growth of the TAG GRID, an integrated network of contractors, project developers, and sales teams in the alternative energy sector. The division will provide fund management services for TAG's innovative PPAs and handle the servicing and monetization of TAG loan portfolios and Investment Tax Credits.
Key features of TAG Capital include:
- Residential PPAs with financing options not solely based on credit scores
- Upcoming commercial PPAs for larger-scale renewable energy projects
- Strategic loan portfolio management
- Maximization of tax incentives for renewable energy developers and financiers
TAG Capital aims to accelerate clean energy project growth and drive revenue through these innovative financial solutions.
Positive
- None.
Negative
- None.
News Market Reaction – FHLD
In the trading session that priced this news, FHLD gained 33.24%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Will Provide Fund Management Services for TAG’s Innovative PPAs and Service and Monetize TAG Loan Portfolios and Investment Tax Credits
SCOTTSDALE, Ariz., Oct. 01, 2024 (GLOBE NEWSWIRE) -- The Awareness Group (OTC: FHLD) (“TAG”), a rising leader in the alternative energy industry, is excited to announce the launch of TAG Capital—a dynamic new division under TAG Financial, aiming to disrupt the future of renewable energy project financing. TAG Capital will act as the financial backbone of the organization, helping to power the growth of the TAG GRID—an innovative, integrated network of contractors, project developers and sales teams within the alternative energy space.
Pablo Diaz, CEO and Founder of TAG, commented, "TAG Capital represents a bold step forward in our mission to provide seamless proprietary financing solutions that accelerate the growth of clean energy projects. Through TAG Capital, we’ll fund TAG’s unique lending products, specifically tailored for the sales organization and EPC (Engineering, Procurement, and Construction) members within the TAG GRID. But that's not all—TAG Capital will drive revenue by servicing and monetizing both Investment Tax Credits (ITC) and TAG-owned loan portfolios, ensuring that TAG stays ahead in the fast-moving renewable sector."
TAG Capital will also pave the way for cutting-edge financial products, including a soon-to-be-announced one-of-a-kind Commercial PPA designed to cater to larger-scale renewable energy initiatives.
Highlights of TAG Capital:
- Revolutionary Financing Options:
- Residential PPAs Beyond Credit Scores: Through its sister division, TAG Financial Services (TFS), TAG Capital will offer unique financing options for residential projects. Unlike traditional models, these solutions don’t hinge on credit scores alone, making green energy accessible to a broader range of homeowners and businesses.
- Commercial PPAs: Innovative agreements tailored for larger-scale commercial projects, providing flexible financing structures for renewable energy installations.
- Strategic Loan Portfolio Management: TAG Capital will expertly securitize or manage TAG’s own renewable energy loan portfolios, unlocking new revenue streams, enhancing liquidity and ensuring top-tier risk management for its investors.
- Monetizing Tax Incentives: TAG Capital will maximize the value of available tax incentives for renewable energy developers and financiers, ensuring every credit is leveraged to its full potential.
About TAG
Innovation is at the heart of The Awareness Group (TAG). We are building the TAG GRID, a comprehensive national platform for alternative energy services and solutions targeting commercial and residential projects. With a unique growth model, TAG has acquired five companies across the alternative energy space, ranging from fintech for national residential and commercial project funding solutions, solar lead generation, sales and installation services to blockchain and a digital carbon and renewable energy credits marketplace. TAG is structured for organic growth, complemented by a highly synergistic corporate development strategy focused on expanding current business lines and adding innovative technologies. The Company aims to quickly build a profitable, multi-
For more information, please visit us at https://www.awarenessgroup.llc/
Follow us on X: @AwarenessGroup1
Follow us on LinkedIn: Awareness Group on LinkedIn
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
