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The settlement creates a Community Claims Fund to compensate local businesses and residents for “economic harm." ...
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 ...
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CT Insider on MSNNantucket reaches $10.5M settlement with GE subsidiary over Vineyard Wind turbine failureThe 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 ...
A year after a Vineyard Wind turbine blade collapse scattered debris, a major agreement has been reached — but questions about offshore wind continue.
GE Vernova is well-positioned to benefit from the global energy transition and rising power demand. Click here to read an ...
Concerned Nantucket residents argue the $10.5M settlement does nothing to protect the interests of taxpayers, calling the ...
The settlement includes the creation of a fund to compensate businesses for lost profits caused by the debris.
The town of Nantucket settled with the maker of a blade that broke away from a wind turbine in the Vineyard Wind offshore wind project. It scattered debris across the island's beaches but the ...
The settlement will allow the town to create a fund to compensate local businesses for their losses, officials said.
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