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Willdan Awarded $5 Million Contract with Trinidad School District in Colorado


Willdan Group, Inc. (NASDAQ: WLDN) announced today that it has been awarded a $5 million contract by Trinidad School District to provide energy and infrastructure renovations for Trinidad High School. This contract includes energy efficiency upgrades to the school’s HVAC, ventilation, and lighting systems, as well as a roof replacement and plumbing equipment installation across three campus buildings. Willdan previously developed the master plan for the District and completed infrastructure upgrades for Trinidad Middle School.

“Willdan has been instrumental in helping us be more proactive with core infrastructure improvements,” said Bonnie Aaron, Trinidad School District Superintendent. “The Trinidad High School energy and infrastructure renovation project serves as the next step in our long-term strategic plan to ensure the health and well-being of our students and staff.”

About Trinidad School District

Trinidad School District is located in Trinidad, Colorado and is comprised of three schools. Fisher’s Peak Elementary serves grades K-5, Trinidad Middle School serves grades 6-8, and Trinidad High School serves grades 9-12, with a total enrollment of over 1,000 students. Trinidad School District is committed to monitoring student progress, making decisions based on data results, and using scientifically based strategies in the classroom to support the needs of all students. For more information, visit Trinidad School District’s website at https://www.tsd1.org or follow Trinidad For Children on Facebook.

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, engineering and planning, and municipal financial consulting. For additional information, visit Willdan's website at www.willdan.com.

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 31, 2021. 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/20221215005378/en/

Willdan Group Inc. Stock

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As a result the target price of 32 € shows a slightly positive potential of 3.23% compared to the current price of 31.0 € for Willdan Group Inc..
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