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 tiered interest rates indexed to the interest rate received by the state on its most recent competitively-bid, general obligation bond issue. This approach allows borrowers to leverage the state’s AAA bond rating for financing critical natural gas infrastructure.
GEFA concluded its 2026 call for projects and will solicit new projects in the future contingent upon available funding. To submit questions and comments to GEFA about this program and the available financing, please email [email protected].
Resources
- Call for projects overview document
- Call for projects webinar presentation
- Call for projects webinar recording (YouTube)
- For the current interest rate for natural gas infrastructure projects, please click here.
- 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.