GE Vernova Inc. (NYSE:GEV) shares are trading lower on Thursday.
The shares are trading lower after news recently surfaced that the Vineyard Wind 1 offshore wind project, currently under construction with its turbines, encountered “blade damage,” resulting in debris washing ashore on Nantucket, reported The Wall Street Journal.
Avangrid and Copenhagen Infrastructure Partners announced on Wednesday that approximately six truckloads of debris have been cleared from the site, with ongoing cleanup efforts.
They stated that GE Vernova, the manufacturer, will conduct an analysis to determine the cause ...