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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 ...
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." ...
One year ago on Sunday, a 351-foot turbine blade at the Wind offshore wind site fractured, spilling debris into local waters ...
GE Vernova agreed to pay a $10.5M settlement to the town of Nantucket, Massachusetts, after one of its offshore wind turbine ...
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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 ...
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.
Nantucket announced it has reached a settlement with GE Vernova over the wind turbine failure on the Vineyard Wind project.
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.
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