Legal Battle
According to Reuters Vineyard Wind said on Wednesday it had resolved a legal dispute arising from turbine supplier GE Vernova’s effort to walk away from its $4.5 billion project in New England over claims it was owed more than $300 million.
As part of a settlement, GE Vernova said it withdrew the termination notice it sent in February to end its involvement in the wind farm project. It also dropped an appeal of an injunction requiring it to keep working on it.
Both sides agreed to dismiss all pending legal claims, the companies said. Other terms of the confidential settlement were not disclosed.
Vineyard Wind’s 806-megawatt project off the coast of Martha’s Vineyard in Massachusetts began initial operations in February, after it convinced a federal judge a month earlier to block President Donald Trump’s administration from halting construction.
But days later, GE Vernova, which designed, manufactured and installed the project’s wind turbine generators, sent a notice threatening to terminate its $1.3 billion contract, saying it was owed $360 million.
