Willdan Group, Inc. (NASDAQ: WLDN) announced today (March 20) that it has been selected for a $17.7 million contract to provide engineering and construction oversight services for Paramount Unified School District (USD). The scope of the project includes 2.2 MW of solar arrays and 44 level 2 electric vehicle charging stations across 11 sites within the District. This project is expected to offset over 1,100 metric tons of CO emissions annually.
"This project builds on Willdan's 50-year working relationship with the City of Paramount and our ongoing work with school districts across the U.S.," said Mike Bieber, Willdan's CEO. "We thank Paramount USD for this opportunity to support their investment in long-term sustainability and their commitment to clean energy."
About Paramount Unified School District
Paramount Unified School District is a school district headquartered in Paramount, California. The district serves the city of Paramount, and parts of the surrounding cities of Bellflower, Compton, Lakewood, Long Beach, and South Gate, including eleven elementary schools, five middle schools, one comprehensive high school, and several other educational facilities. Learn more at www.paramount.k12.ca.us.
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.
Contacts
Al Kaschalk
Vice President
310-922-5643
akaschalk@willdan.com
