US EditionGE Threatens to Walk Out on Vineyard Wind - The Martha's Vineyard Times
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4 Articles
GE threatens to walk out on Vineyard Wind - The Martha's Vineyard Times
Just as Vineyard Wind 1 announced that construction was finally done after a decade of political debates and hard work, the company has filed a lawsuit against the wind farm’s central contractor, GE Vernova, after the energy company threatened to walk away from the project. The issue at the center of this latest skirmish for the controversial energy project is what GE Vernova said are $300 million in payments withheld by Vineyard Wind. But Viney…
Iberdrola and turbine supplier GE Vernova have unleashed a judicial war over non-payments related to Vineyard Wind Park. It is one of the star offshore wind projects of the Spanish multinational in the United States and the second legal conflict it faces after the suspension ordered by the government of Donald Trump and the subsequent resumption at the request of the courts. The owners at 50% of the renewable project, Iberdrola and the Danish CI…
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