Fuel infrastructure startup plans $750M in trio of terminals across Florida

St. Petersburg-based transportation infrastructure and distribution firm Belvedere Terminals has announced a $750 million investment in developing multiple fuel terminals in Florida for storage and supply. 

A press release didn't provide details as to the source of the funding or any financing, or a timeline on the projects. 

Belvedere Terminals, according to a statement, is a “new company working to support state leaders who are focused on improving Florida’s fuel supply chain and ensure gasoline is accessible during hurricane season, when Florida has faced gas supply shortages in the past due to port closures.”