financetom
Business
financetom
/
Business
/
Willdan Group Secures $11 Million Energy Modernization Project in South Lake Tahoe
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Willdan Group Secures $11 Million Energy Modernization Project in South Lake Tahoe
Jan 7, 2025 12:53 PM

03:32 PM EST, 01/07/2025 (MT Newswires) -- Willdan Group ( WLDN ) Tuesday afternoon said it has received an $11 million contract to modernize energy infrastructure for the city of South Lake Tahoe, California.

The project will improve operational efficiencies and reduce carbon emissions and includes the installation of a cogeneration microturbine, photovoltaic solar panels, and advanced automation systems for all municipal buildings.

Willdan ( WLDN ) said it will also install water meters, power transformers, and a carbon dioxide ice plant using an environmentally friendly refrigerant at the community ice arena.

Work is expected to take around two years, according to the company.

Shares of Willdan Group ( WLDN ) were down nearly 4% in recent trading.

Price: 36.76, Change: -1.43, Percent Change: -3.74

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sinclair Insider Bought Shares Worth $2,481,355, According to a Recent SEC Filing
Sinclair Insider Bought Shares Worth $2,481,355, According to a Recent SEC Filing
Apr 11, 2025
03:32 AM EDT, 04/11/2025 (MT Newswires) -- David D Smith, 10% Owner, Director, Executive Chairman, on April 08, 2025, executed a purchase for 185,145 shares in Sinclair (SBGI) for $2,481,355. Following the Form 4 filing with the SEC, Smith has control over a total of 1,526,029 Class A common shares of the company, with 1,526,029 shares held directly. SEC Filing:...
Volkswagen's Scania buys bankrupt Northvolt's heavy industry battery packs unit
Volkswagen's Scania buys bankrupt Northvolt's heavy industry battery packs unit
Apr 11, 2025
STOCKHOLM (Reuters) - Volkswagen's truckmaker Scania said on Friday it had agreed to buy bankrupt Northvolt's division that makes battery packs for heavy industry, reviving a transaction first presented in February, for an undisclosed price. Sweden's Northvolt filed for bankruptcy last month in one of the country's largest corporate failures, bringing to an end Europe's best hope of developing a...
BRIEF-Pimco Said To Back Paschi Bid For Mediobanca At Investor Meeting- Bloomberg News
BRIEF-Pimco Said To Back Paschi Bid For Mediobanca At Investor Meeting- Bloomberg News
Apr 11, 2025
April 11 (Reuters) - * PIMCO SAID TO BACK PASCHI BID FOR MEDIOBANCA AT INVESTOR MEETING- BLOOMBERG NEWS Source text: https://tinyurl.com/mpvt3zwc ...
Lucid to acquire select Arizona-based Nikola facilities and assets
Lucid to acquire select Arizona-based Nikola facilities and assets
Apr 11, 2025
(Reuters) - California-based Lucid Group ( LCID ) on Friday said it will acquire select Arizona-based facilities and assets previously belonging to bankrupt electric and hydrogen-powered truckmaker Nikola Corp. ( NKLAQ ) The transaction does not include the acquisition of Nikola's ( NKLAQ ) business, customer base, or technology related to Nikola's ( NKLAQ ) hydrogen fuel cell electric trucks,...
Copyright 2023-2025 - www.financetom.com All Rights Reserved