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Stock impact report

Avangrid Continues to Electrify its Utility Fleet, To Significantly Grow Use of Hybrid Trucks

Avangrid, Inc. (AGR) 
Last avangrid, inc. earnings: 4/28 04:15 pm Check Earnings Report
Company Research Source: Business Wire
Avangrid expects to add over 130 hybrid vehicles to its utility fleet over the next three years ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it will be purchasing over 130 new hybrid bucket trucks over the next three years as it continues to electrify its fleet across its Northeast utilities. While Avangrid already uses hybrid vehicles, this procurement plan represents a significant expansion in the Company’s use of proven alternative energy sources including electric, hybrid, and green fuels.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241211076591/en/One of Avangrid’s hybrid bucket trucks currently in use by subsidiary, New York State Electric and Gas (NYSEG). (Photo: Business Wire)These hybrid vehicles, which will be procured from two different manufacturers, use a diesel engine while driving but only need ele Show less Read more
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