Willdan Selected to Implement $112 Million in Energy Savings Projects for City of San Diego

ANAHEIM, Calif.--(BUSINESS WIRE)--Willdan Group, Inc. (NASDAQ: WLDN) announced today that it has been selected by the City of San Diego to implement a $112 million energy savings performance contract. This contract supports energy and water efficiency across 40 city facilities, decarbonizes 23 of those facilities, and upgrades 39,000 city-owned streetlight fixtures. The resulting projects will include electrification measures, battery energy storage systems, electrification for HVAC and water heating systems, and solar infrastructure.

“These projects are strategically designed to pay for themselves over time, using the money we’ll save in energy and operational costs each month,” said Lindsey Hawes, Municipal Energy Program Manager for the City of San Diego. “These efforts align with San Diego's Zero Emissions Municipal Buildings and Operations Policy and are expected to provide significant carbon reductions, improve air quality, and make these buildings more comfortable to work in.”

About the City of San Diego

The eighth-largest city in the United States, the City of San Diego has 1.4 million residents, a diverse population, the nation's largest military community, and a talented workforce. This Southern California metropolis is home to cutting-edge businesses in life sciences, genomics, biotechnology, telecommunications, Smart City technology, software, electronics, and other major innovative industries. San Diego is a top tourist destination with its warm, year-round climate, 50 miles of sun-soaked coastline, and world-famous attractions. Learn more at www.sandiego.gov.

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.