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 includes industry leaders and topics related to accelerating a fair and simply shift to a renewable resource economy. In acknowledgment of National Hispanic Heritage Month, ACORE is highlighting 3 Hispanic-owned member companies that are prospering in the sustainable energy sector.
Today, we are featuring Lyssy Energy Enterprises, a utility-scale renewable resource designer 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 secure his land for ranching and farming while offering an extra source of earnings.
A couple years later on, we began partnering with sustainable energy developers. There were certainly obstacles and drawbacks, closed doors and unequal partnerships, however we utilized this time to truly sharpen our craft. If we desired our service to grow and prosper then we would need to take a risk, we understood that. In 2020, when the world was required to slow down due to the pandemic, we decided to take that threat. We utilized 2020 to rebrand Lyssy Energy into the company we had actually always dreamed about. In 2021, we have actually reestablished ourselves to the world– no longer as an energy service business, however as renewable resource developers with the hope of owning and running utility-scale sustainable energy jobs.
Tell us about Lyssy Energy.
Lyssy Energy Enterprises is an ingenious, privately held, utility-scale developer of solar, wind and battery energy solutions. Our prime directive is to contribute to the acceleration of the energy industrys shift to sustainable energy. Lyssy Energy thinks that by deploying wind, solar and battery storage, we can maximize our efforts and offer all kinds of sustainable energy solutions.
What challenges do you deal with? Why?
Capital is one of the most significant challenges we deal with at the moment. The wind and the sun supply electrical power, but capital is what moves whatever and everybody else. We need capital for everyday operations, and to develop, construct and operate our projects.
Protecting development capital early is vital in supplying land control and affiliation studies to get tasks off the ground. We are striving to develop relationships with big investment companies that have a strong interest in renewables and can supply the capital essential to create an effective sustainable energy project.
How can prospective partners do service with you?
Lyssy Energy Enterprises is open to partnerships or joint endeavors. We are readily available to talk about the need for all kinds of capital stack with various equity, tax and financial obligation companies that run in this market and those thinking about purchasing renewable energy tasks and business. Ideally, we would like to work with financial investment partners that can supply capital from the development phase through the construction phase. We are likewise available to partners who have an interest in buying the business.
How are you making an effect through Lyssy Energy?
Lyssy Energy Enterprises makes every effort to continue building a diverse business. We hope to help balance the inequalities in our society by connecting to individuals that are traditionally ignored and passed over. Females and people of color are essential to our success, and it is crucial to promote their development to positions of management and leadership.
Hardship is another concern we hope to address. Lyssy Energy is dealing with poor neighborhoods in backwoods, and we want to make a difference by bringing renewable resource tasks to areas with high rates of poverty and other vulnerable communities. These projects supply economical and reputable electricity, and also bring task opportunities and infrastructure development to bad 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 advancement so everyone shares the benefits.
How has your Accelerate subscription helped your organization?
Being able to take part in ACOREs Accelerate subscription program is an advantage and a pleasure. The Accelerate Program has actually linked us to some of the biggest and most prominent business in the world, and these connections help give us the power to make a difference.
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 company, however as sustainable energy designers with the hope of owning and running utility-scale renewable energy tasks.
Lyssy Energy Enterprises is an innovative, independently held, utility-scale designer of solar, wind and battery energy solutions. Lyssy Energy thinks that by deploying wind, solar and battery storage, we can optimize our efforts and supply all kinds of eco-friendly energy solutions. Lyssy Energy is working with bad neighborhoods in rural areas, and we hope to make a distinction by bringing sustainable energy tasks to areas with high rates of poverty and other susceptible neighborhoods. It is essential 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 everybody shares the benefits.