ANAHEIM, Calif.--(BUSINESS WIRE)--Jul. 18, 2018--
Willdan Group, Inc. (NASDAQ: WLDN) announced today that Entergy
Corporation (Entergy) has adopted LoadSEER, a modeling application of
Willdan software unit Integral Analytics, as a core intelligence layer
to support Entergy’s investments in grid data and analytics capabilities
across its electric distribution footprint. Entergy’s LoadSEER
implementation will help the customer, distribution planning, and load
forecasting functions while preparing for future growth in distributed
energy resources (DERs). This implementation represents an expansion of
Entergy’s relationship with Integral Analytics, which began with the
deployment of the product evaluation tool, DSMore.
“We’re pleased to provide Entergy with applications that enhance its
ability to efficiently plan and strengthen their distribution networks
across multiple states,” said Tom Brisbin, Willdan’s CEO and Chairman.
“With DSMore and LoadSEER, Entergy is better positioned to integrate
DERs and produce new customer programs that harness the data generated
by investments in grid technologies.”
LoadSEER was developed to provide unique insights and modeling capacity
for DERs and the evolving distribution grid. The application is used in
short- and long-term circuit-level planning and to proactively integrate
renewables, energy storage, and efficiency investments. LoadSEER
combines multi-layer risk, geospatial, and scenario modeling; utilities’
existing tools; engineering efforts; and multiple data sources in order
to deliver dynamic, granular load profiles and perform valuation
analyses.
About Entergy
Entergy Corporation is an integrated energy company engaged primarily in
electric power production and retail distribution operations. Entergy
owns and operates power plants with approximately 30,000 megawatts of
electric generating capacity, including nearly 9,000 megawatts of
nuclear power. Entergy delivers electricity to 2.9 million utility
customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has
annual revenues of approximately $11 billion and more than 13,000
employees. Follow Entergy at http://www.entergy.com/,
Twitter,
orFacebook.
About Willdan
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.
About Integral Analytics
Integral Analytics, a unit of Willdan Group, Inc., provides trusted
software products that merge economics and engineering to deliver
statistically-robust forecasting and valuation analytics through which
utilities and distributed energy resource owners make optimized
financial and engineering decisions. More information is available at: www.integralanalytics.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 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, 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 (including with its two
primary customers) 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 Securities and Exchange Commission, including, but not limited to,
the Annual Report on Form 10-K filed for the year ended December 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: https://www.businesswire.com/news/home/20180718005241/en/
Source: Willdan Group, Inc.
Willdan Group, Inc.
Stacy McLaughlin
Chief Financial
Officer
714-940-6300
smclaughlin@willdan.com
or
Investor/Media
Contact
Financial Profiles, Inc.
Tony Rossi, 310-622-8221
trossi@finprofiles.com