GreenHunter Energy considers biofuels storage facility
Houston-headquartered GreenHunter Energy is mulling plans to construct a $70 million (54.8 million Euro's) facility that would store and produce biofuels at the Port of Tampa. The company recently paid $1 million for an option to lease the 22-acre site.
The project will give GreenHunter a foothold in a deep-water port that handles over half of the transportation fuel used in the state of Florida, GreenHunter chairman and CEO Gary Evans says.
The energy company owns and operates the nation's largest biodiesel plant, a 105 million gallon a year refinery in Houston, with 700,000 barrels of bulk storage capacity.
The project will give GreenHunter a foothold in a deep-water port that handles over half of the transportation fuel used in the state of Florida, GreenHunter chairman and CEO Gary Evans says.
The energy company owns and operates the nation's largest biodiesel plant, a 105 million gallon a year refinery in Houston, with 700,000 barrels of bulk storage capacity.
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