GE Vernova agreed to pay a $10.5M settlement to the town of Nantucket, Massachusetts, after one of its offshore wind turbine ...

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 includes the creation of a fund to compensate businesses for lost profits caused by the debris.

We recently published Jim Cramer Discusses These 12 Stocks & Says Trump’s Winning. GE Vernova Inc. (NYSE:GEV) is one of the ...

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.

Days after the collapse in July 2024, GE Vernova said a manufacturing issue — insufficient bonding — was the reason for the ...

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

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

Town officials say the $10.5 million settlement will help offset business losses after a broken turbine blade spread debris ...

OEM to pay $10.5m in compensation for collapse at Copenhagen Infrastructure Partners/Iberdrola's Vineyard Wind project ...

OEM to pay $10.5m in compensation for collapse at Copenhagen Infrastructure Partners/Iberdrola's Vineyard Wind project ...