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Willdan Wins Xcel Energy and CenterPoint Energy, Inc. Energy Design Assistance Program

ANAHEIM, Calif.--(BUSINESS WIRE)-- Willdan Group, Inc. (NASDAQ: WLDN) announced today that it has been selected by Xcel Energy and CenterPoint Energy, Inc.

articleWilldan Group, Inc.May 19, 20205/company/willdan-group-inc/news/willdan-wins-xcel-energy-and-centerpoint-energy-inc-energy-design-assistance-program
Willdan Wins Xcel Energy and CenterPoint Energy, Inc. Energy Design Assistance Program

About this update from Willdan Group, Inc.

[{"type":"text","content":" ANAHEIM, Calif.--(BUSINESS WIRE)--\nWilldan Group, Inc. (NASDAQ: WLDN) announced today that it has been selected by Xcel Energy and CenterPoint Energy, Inc. to continue implementing the Energy Design Assistance (EDA) Program serving Minnesota, building on 25 consecutive years implementing this program. This latest contract is valued at $10 million over four years. The EDA program provides commercial building owners within Xcel Energy and CenterPoint Energy, Inc.’s service territory with energy expertise to encourage energy-efficient building design and construction. The program uses Willdan’s real-time energy modeling software, Net Energy Optimizer (NEO), to allow project teams to visualize the effects of energy efficiency measures during collaborative stakeholder meetings.\n\n\n“Xcel Energy is leading the clean energy transition with a goal to reduce carbon emissions 80 percent by 2030, and a vision to provide customers with 100 percent carbon-free electricity by 2050,” said Kris Kohls, Product Manager of Xcel Energy. “Helping our customers become more energy efficient is one of the ways we’ll reach our goal and vision, and we look forward to continuing our work with the Willdan Group on the Energy Design Assistance Program.”\n\n\n“The Weidt Group (now Willdan), which we acquired in March 2019, has supported EDA for Xcel Energy and CenterPoint Energy for over 25 years,” said Tom Brisbin, Willdan’s CEO and Chairman. “And now, as part of Willdan, we are pleased to build upon their existing relationship with these utilities, offering innovative processes and tools to optimize energy efficiency at these buildings and bring Xcel Energy and CenterPoint Energy closer to their decarbonization goals.”\n\n\nWilldan was originally involved in the EDA program as a subcontractor in 1988, assisted in the program’s development, and was awarded the program as implementer in 1993. The program serves new commercial construction, additions, and major renovations over 20,000 square feet. Willdan has served more than 900 buildings through this program to date, delivering 23 million therms and 550 million kWh in annual savings.\n\n\nAbout Xcel Energy\n\n\nXcel Energy (NASDAQ: XEL) provides the energy that powers millions of homes and businesses across eight Western and Midwestern states. Headquartered in Minneapolis, the company is an industry lead...

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