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

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.

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

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

A new settlement will create a fund to pay back Nantucket businesses that were impacted by debris that washed ashore from a ...

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The settlement will allow the town to create a fund to compensate local businesses for their losses, officials said.

GE Vernova, which agreed to the settlement, blamed a manufacturing problem at one of its factories in Canada and said there was no indication of a design flaw.

Nasdaq and Dow rise as analysts upgrade Microsoft on AI, highlight Tesla challenges with tax credits, and Caterpillar ...

Nantucket reached a multi-million dollar settlement over turbine issues off the island.Last summer, a wind turbine blade ...