INIKTI and Šiaulių Bankas Join Forces for 18 MW Wind Park Development

We are pleased to cooperate with Šiaulių Bankas, and we hope to have multiple joint projects in the future.

Šiaulių Bankas has allocated a 25 million euro loan for an 18 MW wind park. The wind park will be located near Šakiai in the southwest of Lithuania, and it will consist of four GE "Cypress" 4.5 MW wind turbines, which are among the largest on the market. Their blade diameter reaches up to 158 meters and they will be installed on 151-meter tall towers. The development of the future park is overseen by INIKTI.

Full press release (in lithuanian): https://sc.bns.lt/view/item/462980

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