The Town and County of Nantucket in Massachusetts and GE Vernova have reached a settlement agreement worth USD 10.5 million (approximately EUR 9 million), which the wind turbine OEM will pay to compensate the Town and local businesses for losses resulting from the failure of a turbine blade on the Vineyard Wind 1 offshore wind project in the summer of 2024.
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about 1 year ago
GE Vernova to Pay Nantucket USD 10.5 Million for Losses Caused by Blade Debris
The Town and County of Nantucket in Massachusetts and GE Vernova have reached a settlement agreement worth USD 10.5 million (approximately EUR 9 million), which the wind turbine OEM will pay to compensate the Town and local businesses for losses resulting from the failure of a turbine blade on the V

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