Latest news with #Willdan
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
15-04-2025
- Business
- Yahoo
Willdan Announces Date of First Quarter 2025 Earnings Release and Conference Call
ANAHEIM, Calif., April 15, 2025--(BUSINESS WIRE)--Willdan Group, Inc. ("Willdan") (Nasdaq: WLDN), today announced that it will release its financial results for the first quarter 2025 after the close of the stock market on Thursday, May 8, 2025. Following the release, Willdan will host its investor conference call at 5:30 p.m. EST / 2:30 p.m. PST. An online, real-time audio webcast of the quarterly investor conference call will be available on Willdan's website at: Willdan Group Q1 2025 Investor Conference Call alternatively, listeners may access the call by dialing 877-407-2988 (or 201-389-0923) at least five minutes prior to the 5:30 p.m. EDT / 2:30 p.m. PDT start time. An online replay of earnings webcast will be available a few hours after the completion of the call 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 Follow Willdan on LinkedIn and Facebook. View source version on Contacts Al Kaschalk / (310) 922-5643akaschalk@ Sign in to access your portfolio
Yahoo
15-04-2025
- Business
- Yahoo
Willdan Announces Date of First Quarter 2025 Earnings Release and Conference Call
ANAHEIM, Calif., April 15, 2025--(BUSINESS WIRE)--Willdan Group, Inc. ("Willdan") (Nasdaq: WLDN), today announced that it will release its financial results for the first quarter 2025 after the close of the stock market on Thursday, May 8, 2025. Following the release, Willdan will host its investor conference call at 5:30 p.m. EST / 2:30 p.m. PST. An online, real-time audio webcast of the quarterly investor conference call will be available on Willdan's website at: Willdan Group Q1 2025 Investor Conference Call alternatively, listeners may access the call by dialing 877-407-2988 (or 201-389-0923) at least five minutes prior to the 5:30 p.m. EDT / 2:30 p.m. PDT start time. An online replay of earnings webcast will be available a few hours after the completion of the call 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 Follow Willdan on LinkedIn and Facebook. View source version on Contacts Al Kaschalk / (310) 922-5643akaschalk@ Sign in to access your portfolio
Yahoo
03-04-2025
- Business
- Yahoo
Willdan Awarded $30 Million Contract to Expand Energy and Infrastructure Modernization Services for the City of Fairfield
ANAHEIM, Calif., April 03, 2025--(BUSINESS WIRE)--Willdan Group, Inc. (NASDAQ: WLDN) announced today that it has been awarded a $30 million energy savings performance contract to expand energy and infrastructure modernization services for the City of Fairfield's critical facilities. These projects will enhance efficiency, sustainability, and operational performance through upgrades including on-site solar photovoltaic energy generation, electric vehicle charging infrastructure, and central plant renovations. "These upgrades to City Hall, our police department, and other critical facilities will increase efficiency and resiliency while reducing climate impacts and generating long-term cost savings for our community," said Marisa Cumpian, the City of Fairfield's Sr. Management Analyst. "As the City continues to grow, we appreciate Willdan's ongoing support in improving quality of life for our residents." Willdan has supported the City of Fairfield for over 25 years with engineering, special district and federal compliance financial services, and electrification strategies for their transit and municipal fleets. About the City of Fairfield The City of Fairfield is a vibrant, safe, affordable, and diverse community with a mission to foster a sense of pride in the community, improve the lives of residents, and deliver dependable essential services through integrity, professionalism, and fiscal responsibility. Fairfield's values include communication, diversity, inclusion, innovation, and transparency. Some of the thriving businesses that call Fairfield home include Jelly Belly, Anheuser-Busch, Guittard Chocolate, and Clorox. 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@ Sign in to access your portfolio
