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Willdan Group, Inc. (WLDN) Awarded $67 Million Contract by Con Edison

Willdan Group, Inc., a provider of outsourced and consulting services to public agencies located primarily in California and other western states, recently announced that its wholly-owned subsidiary, Willdan Energy Solutions, was awarded a $67 million contract by Consolidated Edison Company of New York, Inc., (Con Edison), a subsidiary of Consolidated Edison, Inc. (NYSE: ED).

Under the terms of the contract, designed by Con Edison to help the State of New York achieve its energy and greenhouse gas emissions reduction goals, Willdan Energy Solutions will implement Con Edison’s new energy efficiency program for small business customers. This program will offer small businesses free energy surveys, up to 70 percent off the installed cost for most energy-saving measures, and no-cost installation of equipment, including compact fluorescent lamps, water faucet aerators and high-pressure rinse valves. The initial contract work will commence in the current quarter, with most of the work scheduled to be completed by the end of 2011.

Jay Bhalla, president of Willdan Energy Solutions, stated, “Willdan Energy Solutions has implemented and managed some of the most successful energy efficiency programs in the country.” He concluded, “We look forward to leveraging our expertise in support of Con Edison’s ambitious energy efficiency program, as well as enlarging the footprint of Willdan’s Northeast Operations.”

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