Willdan Group, Inc. (NASDAQ: WLDN) saw its shares in the minus category Thursday, on the announcment 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.”
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.
WLDN shares dropped 27 cents to $42.56.
Related Stories
