Monday, March 7, 2011 - 19:43ET

Mar 07, 2011 07:45 AM


Tampa International announced approval of a lease and concession agreement with Clean Energy, granting the company the right to develop, design, construct, operate and maintain a turnkey compressed natural gas (CNG) fuel facility at the airport for a term of 20 years.

While CNG vehicles already are highly regarded as environmentally friendly as a means of reducing carbon dioxide output, this facility also is expected to result in fuel cost savings of more than $1 million in the first five years, according to the announcement. Additional revenue is anticipated when the station is open to the public.

Buck