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GE Vernova will pay Nantucket $10.5 million after a turbine blade failure at Vineyard Wind 1 scattered debris during peak ...
This is a solid number to cover the community, and I’m very pleased with the results,” Select Board member Brooke Mohr said.
The settlement creates a Community Claims Fund to compensate local businesses and residents for “economic harm." ...
Concerned Nantucket residents argue the $10.5M settlement does nothing to protect the interests of taxpayers, calling the ...
A year after a Vineyard Wind turbine blade collapse scattered debris, a major agreement has been reached — but questions about offshore wind continue.
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Summer hotspot CT residents love wins $10.5M after offshore wind turbine sends debris flying
The definitive settlement agreement with GE Vernova will compensate local businesses for lost revenues during the busy, ...
A spokesperson for GE Vernova said it was “pleased to have reached a final settlement agreement with the Town of Nantucket to provide compensation for any impacted local businesses.” ...
Town officials say the $10.5 million settlement will help offset business losses after a broken turbine blade spread debris across the island's beaches last ...
The settlement includes the creation of a fund to compensate businesses for lost profits caused by the debris.
GE Vernova (NYSE:GEV) agreed to pay a $10.5M settlement to the town of Nantucket, Massachusetts, after one of its offshore ...
(WJAR) — The town of Nantucket announced it has reached a settlement with GE Vernova over the wind turbine failure on the Vineyard Wind project. The $10.5 million settlement will compensate the ...
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