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 ...

The Town and County of Nantucket and GE Vernova have signed a $10.5 million settlement agreement for losses resulting from ...

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

The company has declined to go ahead with plans to build a factory for turbine blades in Britain. Mr. Strazik said GE Vernova was now focused on working off a loss-making backlog of orders that he ...

GE Vernova Inc. shares slumped almost 7% on Friday after one of its turbine blades failed at an offshore wind farm near England, the latest in a string of accidents involving its equipment that ...

GE Vernova, the company that built the blade that failed on a Vineyard Wind turbine south of the islands, says it will re-examine every blade it has built for offshore wind.

The massive offshore wind turbine blade that broke near Nantucket was one of several recent failures of blades made by GE Vernova – a top US wind turbine manufacturer. CNN values your feedback 1.

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