Willdan’s Net Energy Optimizer to Support LEED Program in Partnership with GBCI
November 10 2020 - 4:08PM
Business Wire
Willdan Group, Inc. (NASDAQ: WLDN) announced today it will
partner with Green Business Certification Inc. (GBCI), the global
certification body for the LEED green building program, to make
energy modeling more accessible, more accurate, and more affordable
for building projects around the world. In support of this
partnership, Willdan and GBCI will offer Willdan's Net Energy
Optimizer® (NEO) energy modeling tool to projects worldwide.
“GBCI is committed to delivering cost-effective, accessible, and
high-quality solutions to advance energy-efficient buildings,” said
Sarah Alexander, Senior Vice President, Certification and
Credentialing at GBCI. “We are excited to partner with Willdan
because their NEO simplified energy modeling tool supports our
vision that healthy people in healthy places equals a healthy
economy. Now, more than ever, projects can pave the way toward a
more resilient and prosperous future by taking advantage of energy
efficient solutions.”
Energy modeling with NEO has the potential to substantially
increase energy efficiency, as a result of its automation and
interface, which give users straightforward information about
design and equipment options, costs, projected savings, and
environmental impact. NEO was used in more than 800 projects
nationwide in 2019, supporting utility companies, engineers,
architects, building owners, contractors, and equipment
manufacturers.
“Willdan is proud to support GBCI’s mission to change the way
buildings and communities are designed, built, and operated –
enabling an environmentally and socially responsible, healthy, and
prosperous environment that improves the quality of life,” said
Willdan Vice President Jim Douglas. “NEO embraces this mission by
reducing market barriers. It enables architects, engineers, owners,
and developers to quickly understand the impact of design options
and select those that maximize building efficiency, meet their
performance goals, and support environmental, social, and
governance objectives.”
About Green Business Certification Inc. (GBCI)
GBCI is the premier organization independently recognizing
excellence in green business industry performance and practice
globally. Through rigorous certification and credentialing
standards, GBCI drives adoption of green building and business
practices. GBCI is the global certification body for the USGBC’s
LEED green building program. LEED was founded more than 20 years
ago to provide a road map for developing sustainable buildings.
Today, LEED is the most widely used green building program in the
world, with more than 104,000 registered and certified commercial
projects across 181 countries and territories.
About Net Energy Optimizer (NEO)
NEO is an online building energy modeling tool that facilitates
building-wide analysis of HVAC systems and/or energy conservation
measures for new and existing buildings. The real-time modeling and
analysis support design projects from early design through
construction and into operation. For additional information, visit
the NEO website at netenergyoptimizer.com.
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,
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 reduce costs and preserve liquidity to maintain
its operations during the continuation of this pandemic nor be able
to resume its growth trajectory once pandemic-related restrictions
are lifted and the economy begins to recover. 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 ultimate impact of the COVID-19 pandemic on
Willdan’s results, prospects, and opportunities; 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, 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 27, 2019.
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/20201110006175/en/
Stacy McLaughlin Chief Financial Officer 714-940-6300
smclaughlin@willdan.com
Al Kaschalk VP Investor
Relations 310-922-5643 akaschalk@willdan.com
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