ANAHEIM, Calif.--(BUSINESS WIRE)--Feb. 5, 2018--
Willdan Group, Inc. (NASDAQ: WLDN) announced today that ComEd has
selected Willdan to implement its expanded energy-efficient data centers
offering. The one-year contract with three option years aims to deliver
174,000 MWh of energy savings over the next four years.
The ComEd® Energy Efficiency Program originally awarded Willdan the data
centers offering on a pilot basis in 2011 and selected Willdan to
implement the full offering in 2012. Since the offering’s inception,
Willdan has delivered 111,000 MWh of savings over the same period.
“Over the past five years, Willdan has built trusted relationships with
the data center community in the ComEd territory that have translated
into the implementation of over 70 projects, with a high customer
retention rate,” said Milos Stefanovic, ComEd Data Center program
manager. “Together with Willdan, we will bring world-class, innovative
energy-saving technologies and strategies to our data center customers.”
“We thank ComEd for once again entrusting this key offering to Willdan,”
said Tom Brisbin, CEO of Willdan. “We’ve grown this offering from its
pilot to its current scope, increasing our savings goals by four-fold
while delivering excellent customer service and electric savings. We are
excited to introduce a new, tiered incentive structure that we believe
will drive further adoption and installation of emerging energy-saving
technologies among ComEd’s data center customers.”
Willdan provides professional consulting and technical services to
utilities, public agencies and private industry throughout the United
States. The Company's service offerings span a broad set of
complementary disciplines that include energy efficiency and
sustainability, engineering and planning, financial and economic
consulting, and national preparedness. Willdan provides integrated
technical solutions to extend the reach and resources of its clients,
and provides all services through its subsidiaries specialized in each
segment. For additional information, visit Willdan's website at www.willdan.com.
Statements in this press release that are not purely historical,
including statements regarding Willdan's intentions, hopes, beliefs,
expectations, representations, projections, estimates, plans or
predictions of the future are forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. The
forward-looking statements involve risks and uncertainties including,
but not limited to, the risk that Willdan will not be able to expand its
services or meet the needs of customers in markets in which it operates.
It is important to note that Willdan's actual results could differ
materially from those in any such forward-looking statements. Factors
that could cause actual results to differ materially include, but are
not limited to, a slowdown in the local and regional economies of the
states where Willdan conducts business and the loss of or inability to
hire additional qualified professionals. Willdan's business could be
affected by a number of other factors, including the risk factors listed
from time to time in Willdan'sSEC reports including, but not limited
to, the Annual Report on Form 10-K filed for the year ended December 30,
2016 and the Quarterly Report on Form 10-Q for the quarter ended
September 29, 2017. Willdan cautions investors not to place undue
reliance on the forward-looking statements contained in this press
release. Willdan disclaims any obligation to, and does not undertake to,
update or revise any forward-looking statements in this press release.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180205005221/en/
Source: Willdan Group, Inc.
Willdan Group, Inc.
Financial Profiles, Inc.
Tony Rossi, 310-622-8221