The collapse sent fiberglass debris into the ocean and onto Nantucket beaches. GE Vernova said a manufacturing issue was the ...

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

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 ...

GE Vernova will pay Nantucket $10.5 million after a turbine blade failure at Vineyard Wind 1 scattered debris during peak ...

One year ago on Sunday, a 351-foot turbine blade at the Wind offshore wind site fractured, spilling debris into local waters ...

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

Nantucket announced it has reached a settlement with GE Vernova over the wind turbine failure on the Vineyard Wind project.

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

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

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

The settlement will allow the town to create a fund to compensate local businesses for their losses, officials said.