By Constance ThompsonOctober 7, 2021
In 2021, we have actually reintroduced ourselves to the world– no longer as an energy service business, however as sustainable energy designers with the hope of owning and running utility-scale renewable energy tasks.
Lyssy Energy Enterprises is an innovative, privately held, utility-scale developer of solar, wind and battery energy options. Lyssy Energy believes that by releasing wind, solar and battery storage, we can maximize our efforts and offer all kinds of renewable energy services. Lyssy Energy is working with poor communities in rural areas, and we hope to make a distinction by bringing eco-friendly energy jobs to locations with high rates of poverty and other vulnerable neighborhoods. It is crucial for the energy shift to not only change how we produce energy, but to bring the disenfranchised to the center of this technological advancement so everybody shares the advantages.
The American Council on Renewable Energy (ACORE) is delighted to share the next installation in our “Accelerating Renewables” blog site series.
Each installation features market leaders and subjects related to speeding up a fair and just shift to a sustainable energy economy. In recognition of National Hispanic Heritage Month, ACORE is highlighting three Hispanic-owned member business that are prospering in the sustainable energy sector.
Today, we are featuring Lyssy Energy Enterprises, a utility-scale renewable resource developer in Texas. The following is a Q&A with Lyssy Energy Co-Founder and COO Katie Garza and Constance Thompson, ACOREs Vice President of Diversity, Equity and Inclusion Programs.
What inspired you to begin Lyssy Energy?
Lyssy Energy Enterprises all started with a favor to my dad. He asked me to put together an energy lease that would safeguard his land for ranching and farming while offering an additional source of income. Before we understood it, my spouse and I were assisting others in the exact same circumstance. So, we made it official, got and began a business to work.
A couple years later, we began partnering with sustainable energy developers. We utilized 2020 to rebrand Lyssy Energy into the company we had always dreamed about. In 2021, we have reintroduced ourselves to the world– no longer as an energy service business, however as renewable energy designers with the hope of owning and running utility-scale renewable energy tasks.
Tell us about Lyssy Energy.
Lyssy Energy Enterprises is an ingenious, independently held, utility-scale developer of solar, wind and battery energy services. Our prime directive is to add to the acceleration of the energy industrys transition to sustainable energy. We concentrate our operations in Texas, where thriving population and business development suggest a quickly growing demand for energy. Lyssy Energy thinks that by releasing wind, solar and battery storage, we can optimize our efforts and provide all type of renewable resource options. This state is our home, and the energy crisis unfolding in our yard is personal. We wish to belong of the solution and assist our neighbors across the state develop much-needed sources of clean power. We are well on our method, with 1.5 gigawatts (GW) of tidy, trustworthy energy including one wind and three solar projects presently in advancement and a possible portfolio of 15 GW.
What difficulties do you deal with? Why?
Capital is among the biggest obstacles we deal with at the minute. The sun and the wind provide electricity, however capital is what moves everything and everyone else. We require capital for everyday operations, and to establish, construct and run our projects.
Securing development capital early is necessary in offering land control and affiliation research studies to get tasks off the ground. We are striving to develop relationships with large financial investment companies that have a strong interest in renewables and can offer the capital essential to produce a successful renewable resource job.
How can potential partners work with you?
Lyssy Energy Enterprises is open to collaborations or joint ventures. We are available to go over the requirement for all types of capital stack with various equity, tax and debt business that run in this industry and those thinking about purchasing renewable resource tasks and business. Preferably, we wish to work with investment partners that can provide capital from the advancement phase through the construction stage. We are also available to partners who have an interest in investing in the business.
How are you making an effect through Lyssy Energy?
Lyssy Energy Enterprises aims to continue constructing a diverse company. We intend to assist balance the inequalities in our society by connecting to individuals that are traditionally neglected and passed over. Females and people of color are key to our success, and it is very important to promote their improvement to positions of management and management.
Lyssy Energy is working with poor neighborhoods in rural areas, and we hope to make a distinction by bringing sustainable energy projects to locations with high rates of poverty and other susceptible communities. It is important for the energy shift to not only modification how we produce energy, but to bring the disenfranchised to the center of this technological evolution so everyone shares the benefits.
How has your Accelerate subscription assisted your company?
Having the ability to participate in ACOREs Accelerate membership program is a pleasure and a privilege. This program has supported our efforts to be a part of the option throughout this uncertain time in our lives. The Accelerate Program has connected us to a few of the greatest and most prominent business worldwide, and these connections help offer us the power to make a difference. Someday, we wish to return the favor.
To find out more about or contact Lyssy Energy Enterprises, check out https://www.lyssyenergy.com/.