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

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." ...

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 ...

GE Vernova (NYSE:GEV) agreed to pay a $10.5M settlement to the town of Nantucket, Massachusetts, after one of its offshore ...

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

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

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

GE Vernova is pointing to a “manufacturing deviation” and not an engineering design flaw in the failure of its wind turbine off the coast of Nantucket, roiling the summer island community.

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.