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Willdan Wins Xcel Energy and CenterPoint Energy, Inc. Energy Design Assistance Program
“Xcel Energy is leading the clean energy transition with a goal to reduce carbon emissions 80 percent by 2030, and a vision to provide customers with 100 percent carbon-free electricity by 2050,” said
“The Weidt Group (now Willdan), which we acquired in
Willdan was originally involved in the EDA program as a subcontractor in 1988, assisted in the program’s development, and was awarded the program as implementer in 1993. The program serves new commercial construction, additions, and major renovations over 20,000 square feet. Willdan has served more than 900 buildings through this program to date, delivering 23 million therms and 550 million kWh in annual savings.
About
About CenterPoint Energy, Inc.
CenterPoint Energy, Inc. is an energy delivery company with regulated utility businesses in eight states and a competitive energy businesses footprint in more than 30 states. Through its electric transmission and distribution, power generation, and natural gas distribution businesses, the company serves more than 7 million metered customers in
About Willdan
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.
Forward-Looking Statements
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
View source version on businesswire.com: https://www.businesswire.com/news/home/20200519005251/en/
Chief Financial Officer
714-940-6300
smclaughlin@willdan.com
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Investor/Media Contact
trossi@finprofiles.com
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