Willdan Strengthens Electrical Engineering Capabilities With the Acquisition of APG
Willdan Group (NASDAQ: WLDN) has acquired Alternative Power Generation (APG), an electrical engineering and construction management firm, in a stock purchase completed on March 3. APG, which generated approximately $37 million in revenue in 2024, brings expertise in data center substation design, construction management, microgrids, EV charging stations, and renewable energy projects for the commercial sector.
The acquisition strengthens Willdan's electrical engineering capabilities and enhances its position in the energy transition. By combining APG's electrical engineering expertise with Willdan's existing grid analytics software, energy and economic policy experts, and facility optimization teams, the company aims to support a more resilient energy future. The transaction terms were not disclosed.
Willdan Group (NASDAQ: WLDN) ha acquisito Alternative Power Generation (APG), una società di ingegneria elettrica e gestione della costruzione, in un acquisto di azioni completato il 3 marzo. APG, che ha generato circa 37 milioni di dollari di fatturato nel 2024, porta competenze nella progettazione di sottostazioni per data center, nella gestione della costruzione, nei microgrid, nelle stazioni di ricarica per veicoli elettrici e nei progetti di energia rinnovabile per il settore commerciale.
L'acquisizione rafforza le capacità di ingegneria elettrica di Willdan e migliora la sua posizione nella transizione energetica. Combinando l'expertise ingegneristica di APG con il software di analisi della rete esistente di Willdan, gli esperti di politica energetica ed economica e i team di ottimizzazione degli impianti, l'azienda mira a supportare un futuro energetico più resiliente. I termini della transazione non sono stati divulgati.
Willdan Group (NASDAQ: WLDN) ha adquirido Alternative Power Generation (APG), una firma de ingeniería eléctrica y gestión de construcción, en una compra de acciones completada el 3 de marzo. APG, que generó aproximadamente 37 millones de dólares en ingresos en 2024, aporta experiencia en el diseño de subestaciones para centros de datos, gestión de construcción, microredes, estaciones de carga para vehículos eléctricos y proyectos de energía renovable para el sector comercial.
La adquisición fortalece las capacidades de ingeniería eléctrica de Willdan y mejora su posición en la transición energética. Al combinar la experiencia en ingeniería eléctrica de APG con el software de análisis de redes existente de Willdan, expertos en políticas energéticas y económicas, y equipos de optimización de instalaciones, la empresa busca apoyar un futuro energético más resiliente. Los términos de la transacción no fueron divulgados.
윌단 그룹 (NASDAQ: WLDN)이 전기 공학 및 건설 관리 회사인 대체 전력 생성(APG)을 3월 3일 주식 매입을 통해 인수했습니다. APG는 2024년에 약 3,700만 달러의 수익을 올렸습니다. 데이터 센터 변전소 설계, 건설 관리, 마이크로그리드, 전기차 충전소 및 상업 부문을 위한 재생 에너지 프로젝트에 대한 전문성을 제공합니다.
이번 인수는 윌단의 전기 공학 능력을 강화하고 에너지 전환에서의 위치를 강화합니다. APG의 전기 공학 전문성과 윌단의 기존 그리드 분석 소프트웨어, 에너지 및 경제 정책 전문가, 시설 최적화 팀을 결합하여, 회사는 보다 회복력 있는 에너지 미래를 지원할 계획입니다. 거래 조건은 공개되지 않았습니다.
Willdan Group (NASDAQ: WLDN) a acquis une société d'ingénierie électrique et de gestion de construction, Alternative Power Generation (APG), lors d'un achat d'actions finalisé le 3 mars. APG, qui a généré environ 37 millions de dollars de revenus en 2024, apporte son expertise dans la conception de sous-stations de centres de données, la gestion de la construction, les micro-réseaux, les stations de recharge pour véhicules électriques et les projets d'énergie renouvelable pour le secteur commercial.
Cette acquisition renforce les capacités d'ingénierie électrique de Willdan et améliore sa position dans la transition énergétique. En combinant l'expertise en ingénierie électrique d'APG avec le logiciel d'analyse de réseau existant de Willdan, des experts en politique énergétique et économique, ainsi que des équipes d'optimisation des installations, l'entreprise vise à soutenir un avenir énergétique plus résilient. Les conditions de la transaction n'ont pas été divulguées.
Willdan Group (NASDAQ: WLDN) hat Alternative Power Generation (APG), ein Unternehmen für Elektrotechnik und Bauleitung, am 3. März durch einen Aktienkauf erworben. APG, das im Jahr 2024 etwa 37 Millionen Dollar Umsatz erzielt hat, bringt Fachkenntnisse im Design von Umspannwerken für Rechenzentren, im Bau-Management, in Mikrogrids, Ladestationen für Elektrofahrzeuge und in Projekten für erneuerbare Energien im kommerziellen Sektor mit.
Die Übernahme stärkt die elektrotechnischen Fähigkeiten von Willdan und verbessert dessen Position im Energiewandel. Durch die Kombination der elektrotechnischen Expertise von APG mit der bestehenden Netzanalysesoftware von Willdan, Energie- und Wirtschaftspolitikexperten sowie Facility-Optimierungsteams, zielt das Unternehmen darauf ab, eine widerstandsfähigere Energiezukunft zu unterstützen. Die Bedingungen der Transaktion wurden nicht bekannt gegeben.
- APG adds $37M in revenue
- Expands expertise in high-growth sectors: data centers, microgrids, EV charging
- Strengthens commercial sector presence
- Enhances electrical engineering capabilities
- Transaction terms not disclosed, limiting financial impact assessment
“APG’s deep electrical engineering expertise and commercial relationships will bolster our existing capabilities,” said Mike Bieber, Willdan’s CEO. “Together, we are expanding our solutions to data centers and other commercial electric loads, enhancing our ability to serve the evolving energy landscape. By adding APG’s electrical engineering to our grid analytics software, energy and economic policy experts, energy engineers, and facility optimization teams, we can support a more resilient energy future.”
“Joining Willdan allows us to scale our expertise in electrical engineering and construction management to better serve our clients as they navigate the growing complexity of the grid,” said Dan Girard, APG’s CEO. “Willdan’s resources and industry leadership will help APG expand into new markets, strengthen our presence in data centers, and deliver even greater value to clients facing grid complexity and interconnection challenges due to an increasing electrical energy demand.”
About Alternative Power Generation, Inc.
APG provides innovative, progressive, and customized electric power solutions for EV charging, solar, AI data centers, microgrids, battery energy storage systems (BESS), and substations. APG offers consulting, design, engineering, procurement, and construction management. APG strives to provide best-in-class, cost-effective services and solutions to clients in industries like renewables, electric power distribution, and utilization.
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 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250306985386/en/
Al Kaschalk
Vice President
310-922-5643
akaschalk@willdan.com
Source: Willdan Group, Inc.
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