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Willdan Wins $15 Million Contract with SoCalREN to Deliver Commercial Energy Efficiency Programs

via Business Wire

Willdan Group, Inc. (NASDAQ: WLDN) announced today that it has been awarded a $15 million contract with the Southern California Regional Energy Network (SoCalREN) to deliver energy efficiency services for their commercial portfolio. This two-year contract includes the implementation of SoCalREN’s Small Commercial Direct Install Program, Food Desert Energy Efficiency Equity Program, and Small Medium Business Energy Advisor Program. Willdan will provide these services in partnership with three non-profit organizations that support access to clean energy projects for hard-to-reach communities throughout California - San Joaquin Valley Clean Energy Organization, Kambo Energy Group, and the Rural Prosperity Center.

“Our commercial portfolio provides equitable, innovative solutions and unique resources that address the barriers to energy efficiency for small to medium commercial customers,” said Lujuana Medina, Division Manager for Environmental Initiatives at SoCalREN. “These programs drive meaningful energy savings while expanding access to sustainability resources for businesses across California.”

“We appreciate this opportunity to work directly for a Regional Energy Network to support many of the businesses who need it most in this region,” said Mike Bieber, Willdan’s CEO. “This contract is one of several ways that we’re expanding and diversifying our services for clients who are independent of utilities, such as RENs.”

About SoCalREN

The Southern California Regional Energy Network (SoCalREN), a service of the County of Los Angeles, supports a wide variety of energy efficiency opportunities that allow customers to save energy and money. Authorized in 2012 by the California Public Utilities Commission (CPUC), the SoCalREN provides services to residents, businesses, and public agencies throughout the areas served by Southern California Edison (SCE) and/or SoCalGas®. Learn more by visiting www.socalren.org.

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 or follow Willdan on LinkedIn and Facebook.

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 27, 2024. 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.

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