The collapse sent fiberglass debris into the ocean and onto Nantucket beaches. GE Vernova said a manufacturing issue was the ...

A bill in the tens of millions has settled a year long affair involving the island of Nantucket and a failed wind turbine.

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 ...

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

This is a solid number to cover the community, and I’m very pleased with the results,” Select Board member Brooke Mohr said.

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

One year ago on Sunday, a 351-foot turbine blade at the Wind offshore wind site fractured, spilling debris into local waters ...

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

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 ...

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

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