By Constance ThompsonOctober 7, 2021
The American Council on Renewable Energy (ACORE) is happy to share the next installation in our “Accelerating Renewables” blog site series.
Each installment includes industry leaders and topics associated with accelerating a fair and simply shift to a renewable resource economy. In acknowledgment of National Hispanic Heritage Month, ACORE is highlighting three Hispanic-owned member business that are flourishing 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 began with a favor to my daddy. He asked me to assemble an energy lease that would protect his land for ranching and farming while supplying an additional income. Prior to we understood it, my other half and I were assisting others in the exact same scenario. So, we made it official, started a business and got to work.
A couple years later, we began partnering with renewable energy designers. We utilized 2020 to rebrand Lyssy Energy into the business we had constantly dreamed about. In 2021, we have reestablished ourselves to the world– no longer as an energy service company, but as sustainable energy designers with the hope of owning and running utility-scale sustainable energy tasks.
Inform us about Lyssy Energy.
Lyssy Energy Enterprises is an ingenious, independently held, utility-scale developer of solar, wind and battery energy services. Our prime instruction is to add to the velocity of the energy industrys shift to sustainable energy. We concentrate our operations in Texas, where growing population and business development indicate a rapidly growing demand for energy. Lyssy Energy thinks that by deploying wind, solar and battery storage, we can maximize our efforts and supply all sort of renewable resource services. This state is our house, and the energy crisis unfolding in our yard is personal. We desire to be a part of the service and assist our next-door neighbors throughout the state establish much-needed sources of tidy power. We are well on our method, with 1.5 gigawatts (GW) of tidy, dependable energy consisting of one wind and three solar jobs presently in development and a potential portfolio of 15 GW.
What difficulties do you face? Why?
Capital is one of the biggest challenges we deal with at the minute. The sun and the wind supply electrical energy, but capital is what moves whatever and everybody else. We require capital for everyday operations, and to establish, construct and operate our tasks.
Protecting advancement capital early is necessary in supplying land control and affiliation studies to get jobs off the ground. We are working hard to develop relationships with big financial investment companies that have a strong interest in renewables and can provide the capital essential to create an effective renewable resource task.
How can possible partners work with you?
Lyssy Energy Enterprises is open to partnerships or joint endeavors. We are offered to go over the need for all types of capital stack with numerous equity, tax and debt business that run in this industry and those thinking about investing in renewable energy projects and companies. Ideally, we would like to deal with investment partners that can supply capital from the advancement stage through the building phase. We are also open to partners who have an interest in investing in the company.
How are you making an effect through Lyssy Energy?
Lyssy Energy Enterprises aims to continue building a diverse business. We hope to assist stabilize the inequalities in our society by reaching out to individuals that are traditionally ignored and passed over. Females and people of color are crucial to our success, and it is essential to promote their development to positions of management and management.
Poverty is another issue we hope to deal with. Lyssy Energy is working with bad communities in rural areas, and we wish to make a difference by bringing renewable resource jobs to areas with high rates of poverty and other susceptible communities. These jobs offer reliable and affordable electrical power, and likewise bring job opportunities and infrastructure advancement to bad communities. It is essential for the energy transition to not only change how we produce energy, however to bring the disenfranchised to the center of this technological evolution so everybody shares the benefits.
How has your Accelerate subscription assisted your service?
Being able to take part in ACOREs Accelerate subscription program is an advantage and a delight. The Accelerate Program has connected us to some of the greatest and most prominent companies in the world, and these connections help provide us the power to make a difference.
For more information about or contact Lyssy Energy Enterprises, visit https://www.lyssyenergy.com/.
In 2021, we have actually reintroduced ourselves to the world– no longer as an energy service company, but as renewable energy designers with the hope of owning and operating utility-scale renewable energy tasks.
Lyssy Energy Enterprises is an innovative, independently held, utility-scale developer of solar, wind and battery energy options. Lyssy Energy believes that by deploying wind, solar and battery storage, we can maximize our efforts and provide all kinds of renewable energy solutions. Lyssy Energy is working with bad 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 susceptible neighborhoods. 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 benefits.