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ConnectM publishes impact scorecard for 1H24

ConnectM Technology Solutions published an impact scorecard for the six months ending June 30, 2024. Going forward, the Company will publish a quarterly scorecard following the end of each quarter to provide ConnectM’s electrification indicators which are leveraged as internal operating performance measures. The impact score metrics are extrapolated from the integration of artificial intelligence technology, aggregated data and behavioral analytics sourced from the Company’s Energy Intelligence Network. Electrification Impact Scorecard for Six Months Ending June 30, 2024: 87 GWh of Electrification increased 200% and equivalent to 26,000 homes powered per day; 61,584 Metric Tons of Co2 Sequestered, increased 273% and equivalent to 35,400 tree seedlings grown for ten years; 6.6 Million Gallons of Fossil Fuel Displaced increased 295% and equivalent to 77 driving trips from San Francisco to New York City per day.

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