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Willdan Awarded New $10 Million PG&E Public Energy Efficiency Program
“We appreciate this opportunity to expand our services and customer reach in PG&E’s territory,” said
Willdan has partnered with key community organizations and delivery partners to perform outreach. Willdan will leverage both in-house technical expertise and an open network of Trade Pros to deliver energy efficiency, demand response, energy management technologies, and to evaluate customers’ potential for distributed energy resources and electrification. The inclusion of IDSM supports grid resiliency, which has become increasingly important in light of California’s recent wildfires.
This latest contract award is one of several that Willdan received in the California Investor-Owned Utilities’ new, multi-stage competitive bidding process.
Willdan is a nationwide provider of professional technical and consulting services to utilities, government agencies, and private industry. Willdan’s service offerings span a broad set of complementary disciplines that include electric grid solutions, energy efficiency and sustainability, engineering and planning, and municipal financial consulting. 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 reduce costs and preserve liquidity to maintain its operations during the continuation of this pandemic nor be able to resume its growth trajectory once pandemic-related restrictions are lifted and the economy begins to recover. 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, the ultimate impact of the COVID-19 pandemic on Willdan’s results, prospects, and opportunities; Willdan’s ability to adequately complete projects in a timely manner; Willdan’s ability to compete successfully in the highly competitive energy efficiency services market; changes in state, local, and regional economies and government budgets; Willdan’s ability to win new contracts, to renew existing contracts, and to compete effectively for contract awards through bidding processes; and Willdan’s ability to successfully integrate its acquisitions and execute on its growth strategy. Willdan’s business could be affected by a number of other factors, including the risk factors listed from time to time in Willdan’s reports filed with the
Chief Financial Officer
VP Investor Relations