Renewable Power Perspectives Q&A with Katie Garza, Co-Founder and COO, Lyssy Energy
By Constance ThompsonOctober 7, 2021
In 2021, we have reestablished ourselves to the world– no longer as an energy service company, but as renewable energy designers with the hope of owning and running utility-scale eco-friendly energy projects.
Lyssy Energy Enterprises is an innovative, privately held, utility-scale developer of solar, wind and battery energy options. Lyssy Energy thinks that by releasing wind, solar and battery storage, we can optimize our efforts and provide all kinds of renewable energy solutions. Lyssy Energy is working with poor neighborhoods in rural areas, and we hope to make a distinction by bringing eco-friendly energy jobs to areas with high rates of poverty and other susceptible neighborhoods. It is crucial for the energy shift to not only change how we produce energy, however to bring the disenfranchised to the center of this technological evolution 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 includes market leaders and subjects related to accelerating an equitable and simply transition to an eco-friendly energy economy. In recognition of National Hispanic Heritage Month, ACORE is highlighting three Hispanic-owned member business that are flourishing in the sustainable energy sector.
Today, we are including Lyssy Energy Enterprises, a utility-scale sustainable 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 start 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 providing an extra source of earnings. Before we knew it, my partner and I were assisting others in the exact same scenario. So, we made it official, got and began a business to work.
A couple years later, we started partnering with renewable resource developers. There were certainly difficulties and shortcomings, closed doors and unequal partnerships, but we utilized this time to actually hone our craft. We understood that if we wanted our service to grow and prosper then we would need to take a danger. In 2020, when the world was forced to decrease due to the pandemic, we decided to take that danger. We used 2020 to rebrand Lyssy Energy into the company we had constantly 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 resource projects.
Inform us about Lyssy Energy.
Lyssy Energy Enterprises is an ingenious, independently held, utility-scale developer of solar, wind and battery energy options. Our prime instruction is to contribute to the velocity of the energy markets shift to sustainable energy. We focus our operations in Texas, where growing population and business growth mean a rapidly growing need for energy. Lyssy Energy believes that by releasing wind, solar and battery storage, we can maximize our efforts and provide all type of renewable energy options. This state is our home, and the energy crisis unfolding in our yard is individual. We want to be a part of the option and help our neighbors across the state develop much-needed sources of clean power. We are well on our way, with 1.5 gigawatts (GW) of tidy, dependable energy including one wind and three solar tasks currently in advancement and a possible portfolio of 15 GW.
What difficulties do you face? Why?
Capital is one of the biggest challenges we face at the moment. The sun and the wind supply electrical power, however capital is what moves everything and everyone else. We require capital for daily operations, and to establish, construct and run our projects.
Protecting advancement capital early is essential in supplying land control and interconnection research studies to get projects off the ground. We are working hard to establish relationships with large investment companies that have a strong interest in renewables and can offer the capital needed to develop an effective sustainable energy task.
How can potential partners work with you?
Lyssy Energy Enterprises is open to partnerships or joint ventures. We are offered to talk about the requirement for all types of capital stack with numerous equity, tax and debt companies that run in this industry and those thinking about purchasing renewable resource jobs and companies. Preferably, we would like to deal with financial investment partners that can supply capital from the advancement phase through the building and construction stage. We are also open to partners who are interested in buying the company.
How are you making an impact through Lyssy Energy?
Lyssy Energy Enterprises strives to continue developing a varied company. We wish to assist balance the inequalities in our society by reaching out to people that are historically neglected and passed over. Females and individuals of color are essential to our success, and it is very important to promote their advancement to positions of management and leadership.
Lyssy Energy is working with bad neighborhoods in rural areas, and we hope to make a difference by bringing eco-friendly energy projects to locations with high rates of hardship and other vulnerable neighborhoods. It is essential for the energy shift to not only change 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 assisted your organization?
Being able to participate in ACOREs Accelerate membership program is a delight and a privilege. The Accelerate Program has actually connected us to some of the greatest and most influential companies in the world, and these connections assist offer us the power to make a distinction.
For more information about or contact Lyssy Energy Enterprises, visit https://www.lyssyenergy.com/.
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