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Georgia Environmental Finance Authority describes 'state infrastructure bank' role, highlights $249 million DOE grid resilience grant

2171750 · January 30, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

GEFA presented its financing programs for energy and water infrastructure and described a large Department of Energy grant for grid resilience that the agency is helping to implement with utilities and regional partners.

Hunter Hill of the Georgia Environmental Finance Authority told the House Natural Resources & Environment Committee that GEFA functions as a state infrastructure bank, providing loans and technical assistance to local governments for water and wastewater upgrades, energy projects and resilience programs.

Hill described GEFA's primary functions: water and wastewater financing (including federally funded programs with state match for disadvantaged communities),…

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