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

GE Vernova (NYSE:GEV) is one of the 13 Best Large Cap Stocks to Buy Right Now. On July 8, BMO Capital kept an “Outperform” ...

Visitors and staff at two national parks in the U.S. West have been evacuated because of wildfires. Black Canyon of t ...

Nearly one year since a wind turbine fell into the ocean off-shore of Nantucket, scattering fiberglass and foam across its ...

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.

In a first-of-its-kind agreement, Nantucket has secured a $10.5 million settlement from GE Vernova over last year’s wind ...

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

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.

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

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