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GE Vernova (NYSE:GEV) agreed to pay a $10.5M settlement to the town of Nantucket, Massachusetts, after one of its offshore wind turbine blades broke apart and washed ashore last year, the ...
GE Vernova will pay Nantucket $10.5 million after a turbine blade failure at Vineyard Wind 1 scattered debris during peak tourist season.
Nantucket reaches $10.5 million settlement with GE Vernova over offshore wind turbine blade collapse last year By Sabrina Shankman and Travis Andersen Globe Staff, Updated July 11, 2025, 4:55 p.m. 52 ...
In a first-of-its-kind agreement, Nantucket has secured a $10.5 million settlement from GE Vernova over last year’s wind turbine blade failure — an incident that littered the island’s ...
GE Vernova actually made $8.9 billion in revenue during the quarter. But expenses related to its spin-off from General Electric Co. earlier this year and the costs of major layoffs at its wind ...
We recently published a list of Jim Cramer Put These 14 Stocks Under the Microscope. In this article, we are going to take a look at where GE Vernova Inc. (NYSE:GEV) stands against other stocks ...
GE Vernova shares have rocketed 89.6% in 2025, making the stock the S&P 500 index's SPX second-best performer this year, behind just the 99.9% rally in Palantir Technologies Inc. (PLTR).
SCHENECTADY — GE Vernova, the General Electric Co. spin-off that focuses on the energy sector, reported positive financial results during the second quarter of 2024 despite systemic issues in ...
Power equipment maker GE Vernova raised its full-year free cash flow forecast and beat Wall Street estimates for second-quarter profit on Wednesday, sending its shares up more than 13% to an all ...
(WJAR) — The town of Nantucket announced it has reached a settlement with GE Vernova over the wind turbine failure on the Vineyard Wind project. The $10.5 million settlement will compensate the ...