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Concerned Nantucket residents argue the $10.5M settlement does nothing to protect the interests of taxpayers, calling the ...
Days after the collapse in July 2024, GE Vernova said a manufacturing issue — insufficient bonding — was the reason for the ...
This is a solid number to cover the community, and I’m very pleased with the results,” Select Board member Brooke Mohr said.
Town officials say the $10.5 million settlement will help offset business losses after a broken turbine blade spread debris ...
Fiberglass fragments of the blade began washing ashore last summer during the peak of tourist season after pieces of the wind ...
GE Vernova agreed to pay a $10.5M settlement to the town of Nantucket, Massachusetts, after one of its offshore wind turbine ...
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.
Nearly one year after a turbine blade failure scattered debris along the shores of Nantucket, GE Vernova has agreed to pay the town $10.5 million in compensation.
Nantucket announced it has reached a settlement with GE Vernova over the wind turbine failure on the Vineyard Wind project.
In a first-of-its-kind agreement, Nantucket has secured a $10.5 million settlement from GE Vernova over last year’s wind ...
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