The maker of a wind turbine blade that broke apart off Nantucket Island and washed onto beaches last summer has agreed to a $10 million settlement.

Days after the collapse in July 2024, GE Vernova said a manufacturing issue — insufficient bonding — was the reason for the failure.

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 Associated Press reported Friday.