Nantucket town officials announced a $10.5 million settlement with wind turbine manufacturer GE Vernova to compensate for ...

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.

GE Vernova is well-positioned in power, wind, and electrification, with strong growth prospects. Find out why GEV stock is a ...

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

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

The town of Nantucket, Mass. has announced it reached a $10.5 million settlement with a subsidiary of General Electric to compensate the island community and local businesses for financial losses ...

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

GE Vernova is well-positioned to benefit from the global energy transition and rising power demand. Click here to read an ...

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

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.