Concerned Nantucket residents argue the $10.5M settlement does nothing to protect the interests of taxpayers, calling the agreement a “sweetheart deal” that lets Vineyard Wind and GE Vernova “walk

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 Press reported Friday.

The maker of a massive wind turbine blade that broke apart off Nantucket Island and washed up on beaches for months has agreed to a $10.5 million settlement to pay local businesses for their economic losses,