E3, a Willdan Company, Selected for $9.8 Million Technical Services Contract to Support CPUC’s Integrated Resource Plan

ANAHEIM, Calif.--(BUSINESS WIRE)--Willdan Group, Inc. (NASDAQ: WLDN) announced today that it has been selected for a $9.8 million contract to provide technical services for the California Public Utilities Commission’s (CPUC) Integrated Resource Plan. This four-year contract, with an option to extend the contract for two additional years, includes energy modeling, technical analysis, and strategic advisory services to help the State of California plan electricity resource strategies that can meet ambitious climate and clean energy goals. Energy + Environmental Economics (E3), Willdan’s wholly-owned subsidiary, will lead this effort. E3 has provided technical support for CPUC’s Integrated Resource Plan since 2016.

“We’re proud to continue assisting one of the nation’s most ambitious clean energy planning initiatives,” said Mike Bieber, Willdan’s CEO. “For over two decades, E3 has provided critical technical expertise and modeling tools to support the CPUC’s electricity planning efforts, and we look forward to advancing California’s clean energy goals through this continued collaboration.”

About the California Public Utilities Commission

The California Public Utilities Commission is a regulatory agency that regulates privately owned public utilities in the state of California, including electric power, telecommunications, natural gas, and water companies. The CPUC regulates services and utilities, protects consumers, safeguards the environment, and assures Californians access to safe and reliable utility infrastructure and services. Visit www.cpuc.ca.gov for more information.

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 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.