Renewable Power Perspectives Q&A with Katie Garza, Co-Founder and COO, Lyssy Energy
By Constance ThompsonOctober 7, 2021
The American Council on Renewable Energy (ACORE) is delighted to share the next installment in our “Accelerating Renewables” blog site series.
Each installation features market leaders and subjects related to speeding up an equitable and just shift to a renewable energy economy. In acknowledgment of National Hispanic Heritage Month, ACORE is highlighting 3 Hispanic-owned member companies that are prospering in the eco-friendly energy sector.
Today, we are including 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 start Lyssy Energy?
Lyssy Energy Enterprises all began with a favor to my dad. He asked me to put together an energy lease that would protect his land for ranching and farming while offering an extra source of income.
A couple years later, we began partnering with renewable energy designers. We used 2020 to rebrand Lyssy Energy into the business we had actually constantly dreamed about. In 2021, we have actually reestablished ourselves to the world– no longer as an energy service company, however as eco-friendly energy developers with the hope of owning and operating utility-scale renewable energy jobs.
Tell us about Lyssy Energy.
Lyssy Energy Enterprises is an innovative, independently held, utility-scale designer of solar, wind and battery energy services. Our prime instruction is to contribute to the velocity of the energy industrys shift to sustainable energy. Lyssy Energy thinks that by releasing wind, solar and battery storage, we can maximize our efforts and offer all kinds of sustainable energy options.
What obstacles do you face? Why?
Capital is one of the most significant challenges we face at the moment. The wind and the sun supply electricity, however capital is what moves everything and everyone else. We require capital for daily operations, and to establish, construct and operate our projects.
Protecting advancement capital early is essential in providing land control and affiliation research studies to get jobs off the ground. We are working hard to establish relationships with big investment companies that have a strong interest in renewables and can supply the capital required to develop a successful renewable resource job.
How can potential partners do organization with you?
Lyssy Energy Enterprises is open to collaborations or joint endeavors. We are offered to talk about the need for all types of capital stack with different equity, tax and debt business that operate in this market and those thinking about purchasing renewable resource projects and companies. Preferably, we want to deal with financial investment partners that can offer capital from the development stage through the building and construction phase. We are likewise available to partners who are interested in investing in the company.
How are you making an impact through Lyssy Energy?
Lyssy Energy Enterprises aims to continue constructing a varied business. We wish to help stabilize the inequalities in our society by connecting to people that are historically overlooked and passed over. Females and people of color are key to our success, and it is crucial to promote their development to positions of management and leadership.
Poverty is another concern we hope to attend to. Lyssy Energy is dealing with poor communities in rural locations, and we want to make a distinction by bringing eco-friendly energy tasks to areas with high rates of poverty and other susceptible neighborhoods. These projects offer trusted and inexpensive electrical power, and likewise bring task opportunities and infrastructure advancement to poor communities. It is very important 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 everyone shares the advantages.
How has your Accelerate membership assisted your organization?
Being able to take part in ACOREs Accelerate membership program is a delight and an opportunity. This program has actually supported our efforts to be a part of the service throughout this unpredictable time in our lives. The Accelerate Program has actually linked us to a few of the most significant and most influential business in the world, and these connections assist offer us the power to make a difference. Someday, we wish to return the favor.
For more information about or contact Lyssy Energy Enterprises, check out https://www.lyssyenergy.com/.
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In 2021, we have reintroduced ourselves to the world– no longer as an energy service company, however as eco-friendly energy designers with the hope of owning and operating utility-scale sustainable 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 optimize 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 eco-friendly energy projects to locations with high rates of poverty and other susceptible communities. It is essential for the energy transition to not only modification how we produce energy, but to bring the disenfranchised to the center of this technological advancement so everyone shares the benefits.