MARKET WIRE NEWS

Willdan Selected by Mt. SAC for $49 Million Distributed Energy and Resiliency Project

MWN-AI** Summary

Willdan Group, Inc. (NASDAQ: WLDN) has been awarded a significant contract by Mt. San Antonio College (Mt. SAC) in California, valued at $49 million, aimed at enhancing the college's energy capabilities and sustainability practices. The project encompasses the comprehensive delivery of distributed energy resources (DERs) and necessary infrastructure enhancements. Key components of the initiative include the installation of solar photovoltaic (PV) systems, a battery energy storage system, electric vehicle (EV) charging stations, and a redesign of the parking lot. The construction is anticipated to conclude by the third quarter of 2027.

As a recognized energy service company in California, Willdan possesses the expertise to implement DERs effectively, backed by a Master Services Agreement with the Foundation for California Community Colleges. This partnership facilitates energy efficiency improvements across community colleges, including Mt. SAC.

Dr. Robert Hidalgo, President of the Board of Trustees at Mt. SAC, emphasized the college's commitment to sustainability, stating that this project is aligned with their mission to reduce energy consumption and enhance resilience through local energy generation and storage solutions. Furthermore, it aims to establish the necessary infrastructure to support future developments, such as a microgrid and overall campus electrification.

Mt. San Antonio College, known as the largest single-campus community college district in California, serves approximately 77,000 students annually, offering a diverse range of programs designed to accommodate various career and educational goals. Willdan, a provider of professional services to utilities and government agencies, continues to expand its role in advancing energy efficiency and sustainability in the public sector. For further details, visit Willdan's official website.

MWN-AI** Analysis

Willdan Group, Inc. (NASDAQ: WLDN) has made a significant move by securing a $49 million energy services contract with Mt. San Antonio College (Mt. SAC) to deliver an array of distributed energy resources (DERs). This project not only enhances Willdan's portfolio but also aligns with national trends emphasizing sustainability and energy resilience, factors likely to increase investor confidence.

As a qualified energy service company in California with a track record of implementing similar projects, Willdan is well-positioned to execute this contract efficiently. The planned upgrades—including solar PV systems, battery energy storage, and EV charging stations—indicate a forward-thinking approach that taps into California's aggressive climate goals. This initiative enables Mt. SAC to become a model for sustainable practices among educational institutions, which could enhance its reputation and attract more students.

Additionally, the timing is crucial. With construction expected to conclude by Q3 2027, investors should consider that the energy landscape is evolving rapidly, influenced by state policies and technological advancements. This timing provides Willdan the opportunity to scale up its expertise and service offerings, positioning it favorably against competitors in a high-demand market.

From an investment perspective, Willdan’s recent contract could lead to sustained revenue growth, bolstered by the burgeoning sector for clean energy. However, potential investors should remain mindful of the risks mentioned in their recent filings. Volatility in the energy markets, regulatory changes, and execution challenges can affect performance.

Overall, Willdan appears to be on solid footing with this contract, making it an attractive option for investors focused on sustainable energy solutions. For those considering a position in Willdan, monitoring the project’s progress and overall energy policy in California should be a priority.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Business Wire

Willdan Group, Inc. (NASDAQ: WLDN) announced today that it was selected by Mt. San Antonio College (Mt. SAC) in California to implement a $49 million energy services contract. The scope of work consists of the turnkey delivery of distributed energy resources (DERs) and infrastructure upgrades, including solar PV systems, a battery energy storage system, EV charging stations, and a comprehensive parking lot redesign. Construction is expected to be completed by the third quarter of 2027.

Willdan is listed as a qualified energy service company in the state of California and holds a Master Services Agreement with the Foundation for California Community Colleges to implement DERs at California Community Colleges – including Mt. SAC – as well as other public sector facilities.

“Sustainability is central to our mission and vision, guiding our students and staff while ensuring our campus can serve the community reliably for years to come,” said Dr. Robert Hidalgo, Mt. SAC President of the Board of Trustees. “This project reflects those values by reducing energy use, adding resiliency through local energy generation and storage, and providing the flexibility to support a future microgrid and campus electrification.”

About Mt. San Antonio College

Mt. San Antonio College is the largest single campus community college district of California’s 116 community colleges, educating about 77,000 annually and serving the residents of nearly 20 communities at its Walnut campus. Since 1946, Mt. SAC has provided students from all walks of life with a full range of credit and noncredit programs to help them succeed in new careers, gain admission into top-tier universities, or advance in their current line of work. Learn more about Mt. SAC’s 400 degree and certificate programs at https://www.mtsac.edu/ .

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 January 2, 2026. 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260227836364/en/

Al Kaschalk
Vice President
310-922-5643
akaschalk@willdan.com

FAQ**

How does the $49 million energy services contract with Mt. San Antonio College impact Willdan Group Inc. WLDN's revenue projections for the upcoming years?

The $49 million energy services contract with Mt. San Antonio College is expected to positively impact Willdan Group Inc.'s revenue projections by providing substantial, stable income over the contract's duration, enhancing overall financial performance.

What specific role does Willdan Group Inc. WLDN plan to play in the implementation of distributed energy resources at Mt. San Antonio College?

Willdan Group Inc. (WLDN) plans to serve as a key consultant and facilitator in the implementation of distributed energy resources at Mt. San Antonio College, focusing on energy efficiency, demand response, and renewable energy integration to optimize campus energy usage.

Given its Master Services Agreement, how does Willdan Group Inc. WLDN intend to leverage its relationship with the Foundation for California Community Colleges for future projects?

Willdan Group Inc. intends to leverage its relationship with the Foundation for California Community Colleges through the Master Services Agreement to enhance collaboration on future projects by providing targeted services and expertise to support community college initiatives.

How will Willdan Group Inc. WLDN ensure the successful completion of the project by the third quarter of 2027 while managing potential risks outlined in their SEC filings?

Willdan Group Inc. will leverage its experienced management team, robust risk mitigation strategies, and proactive project management processes to ensure successful project completion by Q3 2027 while addressing potential risks highlighted in their SEC filings.

**MWN-AI FAQ is based on asking OpenAI questions about Willdan Group Inc. (NASDAQ: WLDN).

Willdan Group Inc.

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