The settlement creates a Community Claims Fund to compensate local businesses and residents for “economic harm." ...

The definitive settlement agreement with GE Vernova will compensate local businesses for lost revenues during the busy, ...

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

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 ...

The maker of a massive wind turbine blade that broke apart off Nantucket Island and washed up on beaches for months has ...

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 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 ...

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.

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