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Willdan Named Program Implementer for New Data Center and Telecom Energy Efficiency in Snohomish County

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Willdan Group (NASDAQ: WLDN) has been selected to implement Snohomish County Public Utility District's (SnoPUD) new energy efficiency program targeting telecommunications and data center facilities. The three-year program will focus on evaluating mission-critical facilities for energy efficiency opportunities, helping facilities apply for utility incentives, and implementing efficiency projects. The initiative aims to promote energy conservation across SnoPUD's territory, benefiting both targeted industries and the broader customer base.

Willdan Group (NASDAQ: WLDN) è stata selezionata per implementare il nuovo programma di efficienza energetica del Distretto Pubblico di Utility della Contea di Snohomish (SnoPUD), destinato a strutture di telecomunicazione e centri dati. Il programma triennale si concentrerà sulla valutazione delle strutture mission-critical per le opportunità di efficienza energetica, aiutando le strutture a fare domanda per incentivi energetici e implementando progetti di efficienza. L'iniziativa mira a promuovere il risparmio energetico in tutto il territorio dello SnoPUD, avvantaggiando sia le industrie target che la vasta clientela.

Willdan Group (NASDAQ: WLDN) ha sido seleccionada para implementar el nuevo programa de eficiencia energética del Distrito Público de Servicios de la Condado de Snohomish (SnoPUD), dirigido a instalaciones de telecomunicaciones y centros de datos. El programa de tres años se centrará en evaluar las instalaciones críticas para identificar oportunidades de eficiencia energética, ayudar a las instalaciones a solicitar incentivos de servicios públicos e implementar proyectos de eficiencia. La iniciativa tiene como objetivo promover la conservación de energía en todo el territorio de SnoPUD, beneficiando tanto a las industrias específicas como a la base de clientes más amplia.

Willdan Group (NASDAQ: WLDN)는 스노호미시 카운티 공공 유틸리티 지구(SnoPUD)의 새로운 에너지 효율 프로그램을 구현하도록 선정되었습니다. 이 프로그램은 통신 및 데이터 센터 시설을 대상으로 합니다. 3년 프로그램은 에너지 효율 기회를 평가하기 위해 필수적인 시설을 조사하고, 시설이 유틸리티 인센티브에 신청하도록 돕고, 효율성 프로젝트를 시행하는 데 중점을 둡니다. 이 이니셔티브는 SnoPUD의 지역 내 에너지 절약을 촉진하는 것을 목표로 하며, 대상 산업과 더 넓은 고객 기반 모두에 혜택을 줍니다.

Willdan Group (NASDAQ: WLDN) a été sélectionnée pour mettre en œuvre le nouveau programme d'efficacité énergétique du District Public de Services de Snohomish County (SnoPUD), ciblant les installations de télécommunications et les centres de données. Le programme de trois ans se concentrera sur l'évaluation des installations critiques pour des opportunités d'efficacité énergétique, aidera les installations à demander des incitations de service public et mettra en œuvre des projets d'efficacité. L'initiative vise à promouvoir la conservation de l'énergie dans tout le territoire de SnoPUD, bénéficiant tant aux secteurs ciblés qu'à la clientèle élargie.

Willdan Group (NASDAQ: WLDN) wurde ausgewählt, um das neue Energieeffizienzprogramm des öffentlichen Versorgungsunternehmens des Snohomish County (SnoPUD) zu implementieren, das auf Telekommunikations- und Rechenzentrumsanlagen abzielt. Das drei-jährige Programm wird sich auf die Bewertung kritisch wichtiger Anlagen hinsichtlich ihrer Energieeffizienzmöglichkeiten konzentrieren, den Einrichtungen helfen, Fördermittel von Versorgungsunternehmen zu beantragen, und Effizienzprojekte umzusetzen. Die Initiative zielt darauf ab, den Energieverbrauch im gesamten Gebiet von SnoPUD zu fördern und sowohl die Zielbranchen als auch die breitere Kundenbasis zu profitieren.

Positive
  • Won new three-year contract with SnoPUD
  • Expands presence in mission-critical facilities sector
  • Creates new revenue stream from energy efficiency services
Negative
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Insights

This three-year program implementation contract with SnoPUD represents a strategic expansion into the high-growth data center efficiency market. The Pacific Northwest region, particularly around Seattle, has become a major data center hub due to its cooler climate and relatively low electricity costs. With data centers consuming massive amounts of energy for operations and cooling, the efficiency program could yield significant recurring revenue opportunities for Willdan.

The timing is particularly advantageous as major tech companies continue expanding their data center footprint to support AI and cloud computing growth. While the exact contract value isn't disclosed, similar utility programs typically generate $1-3 million in annual revenue. The program's focus on both data centers and telecom facilities provides diversified exposure to two critical infrastructure segments with persistent demand for energy optimization services.

ANAHEIM, Calif.--(BUSINESS WIRE)-- Willdan Group, Inc. (NASDAQ: WLDN) announced today that it has been selected to implement the Snohomish County Public Utility District’s (SnoPUD) new energy efficiency program for telecommunications and data center facilities. The three-year program will engage data centers and telecommunications providers to evaluate mission-critical facilities for energy efficiency opportunities, apply for available utility incentives, and implement the resulting projects.

“This program will allow us to reach an important market in our territory and assist a substantial number of customers with energy conservation,” said Allison Grinczel, SnoPUD’s Senior Program Manager, Energy Services and Innovation. “This program not only benefits these targeted industries, but the resulting energy conservation also benefits all our customers.”

“We thank SnoPUD for this opportunity to work together in a new capacity, and we look forward to directly supporting mission-critical facilities in this region,” said Mike Bieber, Willdan’s CEO.

About Snohomish County Public Utility District

Snohomish County Public Utility District is the 12th largest public utility in the US and the second largest in Washington State, serving the 875,000 residents of Snohomish County and Camano Island and the businesses that keep them thriving. SnoPUD provides electric service to over 373,000 homes and businesses, and water service to over 23,000 homes. Learn more at www.snopud.com.

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, energy policy planning and advisory, 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 are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. 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 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, 2023. 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.

Al Kaschalk

Vice President

310-922-5643

akaschalk@willdan.com

Source: Willdan Group, Inc.

FAQ

What is the duration of Willdan's new SnoPUD energy efficiency program contract?

The contract with Snohomish County Public Utility District (SnoPUD) is for a three-year period.

What sectors will WLDN's new SnoPUD program target?

The program will target telecommunications and data center facilities within SnoPUD's territory.

What services will Willdan (WLDN) provide under the new SnoPUD program?

Willdan will evaluate mission-critical facilities for energy efficiency opportunities, help facilities apply for utility incentives, and implement efficiency projects.

How will the new WLDN-implemented program benefit SnoPUD customers?

The program will promote energy conservation, benefiting both the targeted industries directly and all SnoPUD customers through overall energy savings.

Willdan Group, Inc.

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