Entergy Selects Willdan for Core Planning and Analytics Application
July 18 2018 - 8:00AM
Business Wire
Willdan Group, Inc. (NASDAQ: WLDN) announced today that Entergy
Corporation (Entergy) has adopted LoadSEER, a modeling application
of Willdan software unit Integral Analytics, as a core intelligence
layer to support Entergy’s investments in grid data and analytics
capabilities across its electric distribution footprint. Entergy’s
LoadSEER implementation will help the customer, distribution
planning, and load forecasting functions while preparing for future
growth in distributed energy resources (DERs). This implementation
represents an expansion of Entergy’s relationship with Integral
Analytics, which began with the deployment of the product
evaluation tool, DSMore.
“We’re pleased to provide Entergy with applications that enhance
its ability to efficiently plan and strengthen their distribution
networks across multiple states,” said Tom Brisbin, Willdan’s CEO
and Chairman. “With DSMore and LoadSEER, Entergy is better
positioned to integrate DERs and produce new customer programs that
harness the data generated by investments in grid
technologies.”
LoadSEER was developed to provide unique insights and modeling
capacity for DERs and the evolving distribution grid. The
application is used in short- and long-term circuit-level planning
and to proactively integrate renewables, energy storage, and
efficiency investments. LoadSEER combines multi-layer risk,
geospatial, and scenario modeling; utilities’ existing tools;
engineering efforts; and multiple data sources in order to deliver
dynamic, granular load profiles and perform valuation analyses.
About Entergy
Entergy Corporation is an integrated energy company engaged
primarily in electric power production and retail distribution
operations. Entergy owns and operates power plants with
approximately 30,000 megawatts of electric generating capacity,
including nearly 9,000 megawatts of nuclear power. Entergy delivers
electricity to 2.9 million utility customers in Arkansas,
Louisiana, Mississippi and Texas. Entergy has annual revenues of
approximately $11 billion and more than 13,000 employees. Follow
Entergy at http://www.entergy.com/, Twitter, or Facebook.
About Willdan
Willdan provides professional consulting and technical services
to utilities, public agencies and private industry throughout the
United States. The Company's service offerings span a broad set of
complementary disciplines that include energy efficiency and
sustainability, engineering and planning, financial and economic
consulting, and national preparedness. Willdan provides integrated
technical solutions to extend the reach and resources of its
clients, and provides all services through its subsidiaries
specialized in each segment. For additional information, visit
Willdan's website at www.willdan.com.
About Integral Analytics
Integral Analytics, a unit of Willdan Group, Inc., provides
trusted software products that merge economics and engineering to
deliver statistically-robust forecasting and valuation analytics
through which utilities and distributed energy resource owners make
optimized financial and engineering decisions. More information is
available at: www.integralanalytics.com.
Forward-Looking Statements
Statements in this press release that are not purely historical,
including statements regarding Willdan's intentions, hopes,
beliefs, expectations, representations, projections, estimates,
plans or predictions of the future are forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. The forward-looking statements involve risks and
uncertainties including, but not limited to, the risk that Willdan
will not be able to expand its services or meet the needs of
customers in markets in which it operates. 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, Willdan’s ability to adequately complete projects in a timely
manner, Willdan’s ability to compete successfully in the highly
competitive energy efficiency services market, changes in state,
local, and regional economies and government budgets, Willdan’s
ability to win new contracts, to renew existing contracts
(including with its two primary customers) and to compete
effectively for contract awards through bidding processes and
Willdan’s ability to successfully integrate its acquisitions and
execute on its growth strategy. Willdan’s business could be
affected by a number of other factors, including 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
29, 2017. 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20180718005241/en/
Willdan Group, Inc.Stacy McLaughlinChief Financial
Officer714-940-6300smclaughlin@willdan.comorInvestor/Media
ContactFinancial Profiles, Inc.Tony Rossi,
310-622-8221trossi@finprofiles.com
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