Natural Gas Infrastructure Financing
GEFA's natural gas infrastructure financing provides low-interest loans to eligible borrowers for natural gas system improvements and expansions that enhance system reliability and safety, support economic development, and improve quality of life for Georgians.
Eligible applicants include cities and counties, state and local authorities, and boards or political subdivisions created by the General Assembly.
Eligible projects include any project in Georgia that (a) operates outside any certified area of a nonmunicipal gas company, and (b) is acquired, rehabilitated, constructed, or planned for the purposes of storing, supplying, and distributing natural gas, including but not limited to:
- Pipelines,
- Storage tanks and facilities,
- Natural gas distribution systems,
- Equipment, and
- Appurtenances and accessories for the storage, supply, and distribution of natural gas.
The program will offer 5- to 20-year loans with competitive interest rates. GEFA may solicit projects quarterly, based on available funding.
To submit questions and comments to GEFA about this program and the available financing, please email [email protected].
Resources
- Round two call for projects overview
- Loan documents
- Current interest rate for natural gas infrastructure projects
- To stay up to date on the latest developments about GEFA's natural gas infrastructure financing, please click this link and select the Energy Resources mailing list.