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.

GE Vernova (NYSE:GEV) agreed to pay a $10.5M settlement to the town of Nantucket, Massachusetts, after one of its offshore wind turbine blades broke apart and washed ashore last year, the Associated ...

A year after a Vineyard Wind turbine blade collapse scattered debris, a major agreement has been reached — but questions about offshore wind continue.

The settlement creates a Community Claims Fund to compensate local businesses and residents for “economic harm." ...

Nantucket town officials announced a $10.5 million settlement with wind turbine manufacturer GE Vernova to compensate for ...

The definitive settlement agreement with GE Vernova will compensate local businesses for lost revenues during the busy, ...

Concerned Nantucket residents argue the $10.5M settlement does nothing to protect the interests of taxpayers, calling the ...

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.” ...

A bill in the tens of millions has settled a year-long affair involving the island of Nantucket and a failed wind turbine.

The settlement includes the creation of a fund to compensate businesses for lost profits caused by the debris.

The settlement includes the creation of a fund to compensate businesses for lost profits caused by the debris.