Latest news with #MikeBieber
Business Wire
06-05-2025
- Business
- Business Wire
Willdan Expands and Extends Bank Credit Facilities
ANAHEIM, Calif.--(BUSINESS WIRE)--Willdan Group, Inc. (NASDAQ: WLDN) announced today that it has completed an amendment of its existing credit facilities to expand the available borrowing capacity and extend the term of the agreement. The amended agreement increases potential borrowing from $150 million to $200 million and restructures the facilities to provide for a $100 million revolver, a $50 million term loan, and a $50 million delayed-draw term loan. The amended agreement extends the maturity date by five years to May 2030 and reduces the interest rate spread over the Secured Overnight Financing Rate (SOFR). A $75 million accordion feature remains in the agreement. 'This restructured credit facility gives us greater flexibility and control in managing our debt and leverage levels while providing additional capacity to support our investments in growth,' said Mike Bieber, Willdan's CEO. 'We thank our banking partners for their commitments and ongoing support. The five-member loan syndicate responsible for this amendment is led by BMO, as administrative agent, and includes joint lead arrangers Bank of America and JP Morgan.' 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 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.
Business Wire
02-05-2025
- Business
- Business Wire
Willdan Releases 2024 Sustainability Report
ANAHEIM, Calif.--(BUSINESS WIRE)--Willdan Group, Inc. (NASDAQ: WLDN) announced today the release of its 2024 Corporate Sustainability Report, outlining progress across key environmental, social, and governance (ESG) initiatives and introducing new goals to drive long-term impact. The report is grounded in a double materiality assessment aligned with global standards, and it provides a clear foundation to prioritize efforts that create value for the company and its stakeholders. 'Most of Willdan's work for clients directly or indirectly improves sustainability,' said Mike Bieber, Willdan's President and CEO. 'We recently received ISO 14001 certification for our corporate office, and we plan to extend this standard to other locations. Our strengthened ESG framework positions Willdan to help clients and communities build long-term resilience.' For more details, view Willdan's 2024 Sustainability Report. 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 advice, engineering and planning, and municipal financial consulting. For additional information, visit Willdan's website at 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.
Yahoo
20-03-2025
- Business
- Yahoo
Willdan Selected for $17.7 Million Electric Vehicle Charging and Solar Contract for Paramount Unified School District
ANAHEIM, Calif., March 20, 2025--(BUSINESS WIRE)--Willdan Group, Inc. (NASDAQ: WLDN) announced today 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 CO₂ 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 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 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. View source version on Contacts Al Kaschalk Vice President310-922-5643akaschalk@
Associated Press
20-03-2025
- Business
- Associated Press
Willdan Selected for $17.7 Million Electric Vehicle Charging and Solar Contract for Paramount Unified School District
ANAHEIM, Calif.--(BUSINESS WIRE)--Mar 20, 2025-- Willdan Group, Inc. (NASDAQ: WLDN) announced today 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 CO₂ 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 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 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. 310-922-5643 SOURCE: Willdan Group, Inc. Copyright Business Wire 2025. PUB: 03/20/2025 09:15 AM/DISC: 03/20/2025 09:15 AM
