Willdan Selected to Help Decarbonize a National Health Care Provider’s Portfolio

Rhea-AI Summary

Willdan Group, Inc. (NASDAQ: WLDN) has been selected by a national health care provider to help implement strategies to reach their 2050 decarbonization goals for more than 1,000 buildings. The initiative targets reductions in natural gas usage in various systems in hospitals and medical office buildings. Willdan will develop and execute on-site natural gas reduction strategies that meet the national health care provider’s financial screening criteria, making use of available federal, state, and local incentives.

ANAHEIM, Calif.--(BUSINESS WIRE)-- Willdan Group, Inc. (NASDAQ: WLDN) announced today that a national health care provider has selected Willdan to help implement strategies to reach their 2050 decarbonization goals for more than 1,000 buildings. This initiative targets reductions in natural gas usage in domestic hot water, HVAC, sterilization systems, and central utility plants in hospitals and medical office buildings. By making use of available federal, state, and local incentives, Willdan will develop and execute on-site natural gas reduction strategies that meet the national health care provider’s financial screening criteria.

“Willdan’s experts have implemented key decarbonization strategies and engineering support for public agencies and cities across the country,” said Tom Brisbin, Willdan’s CEO and Chairman. “We look forward to providing our expertise to health care campuses as more of them prioritize a reduction in carbon emissions.”

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 30, 2022. 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/20231213772658/en/

Al Kaschalk

Vice President

310-922-5643

akaschalk@willdan.com

Source: Willdan Group, Inc.

FAQ

What is the latest announcement from Willdan Group, Inc. (NASDAQ: WLDN)?

Willdan has been selected by a national health care provider to help implement strategies to reach their 2050 decarbonization goals for more than 1,000 buildings.

What are the targets of the initiative mentioned in the PR?

The initiative targets reductions in natural gas usage in domestic hot water, HVAC, sterilization systems, and central utility plants in hospitals and medical office buildings.

How will Willdan help in implementing the strategies?

Willdan will develop and execute on-site natural gas reduction strategies that meet the national health care provider’s financial screening criteria, making use of available federal, state, and local incentives.

What expertise does Willdan offer for this initiative?

Willdan’s experts have implemented key decarbonization strategies and engineering support for public agencies and cities across the country.

Who is the CEO and Chairman of Willdan Group, Inc. (NASDAQ: WLDN)?

Tom Brisbin is the CEO and Chairman of Willdan.