Vineyard Wind and GE Vernova have reached a confidential agreement that ends a commercial legal dispute surrounding the Vineyard Wind offshore wind project in Massachusetts, US.
The parties confirmed that GE Vernova withdrew its earlier notice of contract termination and both companies agreed to dismiss all outstanding legal actions related to the project.
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The dispute emerged after GE Vernova, responsible for designing, manufacturing and installing the project’s wind turbine generators, issued a termination notice in February.
The company asserted it was owed $360m under a $1.3bn contract for its work on the site, reported Reuters.
Vineyard Wind, a joint venture between Iberdrola and Copenhagen Infrastructure Partners, filed a lawsuit in Boston state court contesting the validity of the termination.
The developer argued that GE Vernova’s action posed a substantial threat to the project’s ongoing commercial viability.
Vineyard Wind claimed it was entitled to retain some payments following the collapse of a turbine blade in 2024, which delayed the project by two years.
The developer attributed the incident to a manufacturing flaw identified as widespread, requiring replacement of additional blades across the installation.
In April, Judge Peter Krupp of Suffolk County Superior Court issued an injunction preventing GE Vernova from ending its work on the project.
GE Vernova’s challenge to the injunction had remained active until the settlement was reached.
As part of the agreement, the company has rescinded its notice to end involvement in the project and both parties have settled all pending claims.
The project, which is valued at $4.5bn, began initial operations in February 2026.
The wind farm has a generation capacity of 806MW, supplying electricity to more than 400,000 homes and businesses across Massachusetts and New England.
Vineyard Wind representatives state that the project supports regional grid stability and has created nearly 4,000 jobs since its inception, alongside generating $1.94bn in total economic output.
The companies also report that the project reduces annual carbon emissions by more than 1.6 million tonnes.
