By Constance ThompsonOctober 7, 2021
The American Council on Renewable Energy (ACORE) is pleased to share the next installation in our “Accelerating Renewables” blog series.
Each installation includes industry leaders and topics connected to speeding up an equitable and simply transition to an eco-friendly energy economy. In acknowledgment of National Hispanic Heritage Month, ACORE is highlighting three Hispanic-owned member business that are prospering in the renewable resource sector.
Today, we are featuring Lyssy Energy Enterprises, a utility-scale eco-friendly energy 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 daddy. He asked me to assemble an energy lease that would secure his land for ranching and farming while providing an extra income. Prior to we understood it, my hubby and I were helping others in the exact same circumstance. We made it official, got and started a business to work.
A couple years later, we began partnering with renewable resource designers. There were certainly shortcomings and obstacles, closed doors and unequal partnerships, however we used this time to truly hone our craft. We realized that if we wanted our organization to grow and prosper then we would need to take a risk. In 2020, when the world was forced to decrease due to the pandemic, we chose to take that danger. We utilized 2020 to rebrand Lyssy Energy into the business we had constantly dreamed about. In 2021, we have reintroduced ourselves to the world– no longer as an energy service business, however as renewable resource developers with the hope of owning and operating utility-scale renewable resource 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 contribute to the acceleration of the energy industrys transition to sustainable energy. We concentrate our operations in Texas, where growing population and organization development imply a rapidly growing need for energy. Lyssy Energy thinks that by releasing wind, solar and battery storage, we can maximize our efforts and supply all kinds of renewable resource options. This state is our home, and the energy crisis unfolding in our yard is personal. We wish to be a part of the service and help our neighbors across the state develop much-needed sources of tidy power. We are well on our method, with 1.5 gigawatts (GW) of clean, reliable energy including one wind and three solar tasks currently in development and a prospective portfolio of 15 GW.
What obstacles do you face? Why?
Capital is among the greatest obstacles we face at the minute. The wind and the sun offer electricity, but capital is what moves whatever and everybody else. We require capital for everyday operations, and to establish, construct and run our projects.
Securing advancement capital early is vital in supplying land control and interconnection research studies to get projects off the ground. We are working hard to establish relationships with big financial investment firms that have a strong interest in renewables and can offer the capital needed to develop an effective sustainable energy project.
How can potential partners do organization with you?
Lyssy Energy Enterprises is open to collaborations or joint endeavors. We are readily available to discuss the requirement for all types of capital stack with various equity, tax and financial obligation business that operate in this market and those thinking about purchasing renewable resource jobs and companies. Ideally, we wish to work with investment partners that can supply capital from the advancement stage through the building and construction stage. We are also open to partners who have an interest in investing in the business.
How are you making an effect through Lyssy Energy?
Lyssy Energy Enterprises makes every effort to continue building a diverse company. We wish to help stabilize the inequalities in our society by connecting to people that are historically overlooked and passed over. Women and individuals of color are essential to our success, and it is essential to promote their development to positions of management and management.
Hardship is another issue we want to address. Lyssy Energy is working with bad neighborhoods in rural locations, and we want to make a difference by bringing sustainable energy projects to areas with high rates of poverty and other susceptible neighborhoods. These projects provide inexpensive and trustworthy electricity, and also bring task opportunities and infrastructure advancement to poor communities. It is essential for the energy transition to not only modification how we produce energy, however to bring the disenfranchised to the center of this technological evolution so everybody shares the advantages.
How has your Accelerate membership assisted your business?
Being able to take part in ACOREs Accelerate subscription program is a pleasure and an opportunity. This program has supported our efforts to be a part of the solution during this unpredictable time in our lives. The Accelerate Program has actually linked us to a few of the most significant and most influential business on the planet, and these connections help give us the power to make a distinction. Someday, we want to return the favor.
To read more about or contact Lyssy Energy Enterprises, visit https://www.lyssyenergy.com/.
In 2021, we have actually reestablished ourselves to the world– no longer as an energy service business, but as eco-friendly energy developers with the hope of owning and running utility-scale eco-friendly energy projects.
Lyssy Energy Enterprises is an innovative, privately held, utility-scale designer of solar, wind and battery energy services. Lyssy Energy believes that by releasing wind, solar and battery storage, we can maximize our efforts and supply all kinds of renewable energy services. Lyssy Energy is working with poor communities in rural areas, and we hope to make a difference by bringing renewable energy jobs to areas with high rates of hardship and other vulnerable neighborhoods. It is essential for the energy shift to not only modification how we produce energy, however to bring the disenfranchised to the center of this technological evolution so everybody shares the advantages.