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*IMPORTANT NEWS UPDATE RE: WIND TURBINE BLADE FAILURE*
Nantucket, Massachusetts – The Town and County of Nantucket (Nantucket) is pleased to announce that the Community Claims Fund (the “Claims Fund”), created under Nantucket’s settlement with GE Vernova, will welcome claims submissions starting January 26, 2026.
The Claims Fund is intended to reimburse individuals and business owners within Nantucket, Tuckernuck, and Muskeget for expenses and recovery of other economic losses relating to or arising from the incident on July 13, 2024, where the Haliade-X turbine blade used on a wind turbine of the Vineyard Wind 1 project broke apart due to a manufacturing deviation (the “Incident”).
Verus, LLC will serve as the professional, third-party administrator (the “Administrator”) to manage the Fund and accept, assess, process, and pay claims. Verus’s goal is to fairly and adequately compensate as many claimants as possible consistent with established losses and the available settlement funds. When submitting a claim, the Administrator will require documentation to show: (i) out-of-pocket expenditures paid to remove debris or to repair property damage resulting from the Incident; (ii) increased costs reasonably incurred to mitigate potential losses resulting from the Incident; and/or (iii) reduced gross profits that were caused by the Incident.
The Administrator will accept claims for a period of six (6) months beginning January 26, 2026. Additional guidance on how to submit a claim may be found beginning in January on the Town’s website.
Select Board chair Dawn Hill stated: “We are excited to reach another important milestone in our efforts to resolve the harms of this unfortunate event.”
Please see the attached document regarding CTA compliance which is probably relevant to your business. CTA Compliance doc