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 happy to share the next installment in our “Accelerating Renewables” blog series.
Each installation features industry leaders and subjects connected to speeding up a fair and simply transition to a sustainable energy economy. In acknowledgment of National Hispanic Heritage Month, ACORE is highlighting 3 Hispanic-owned member companies that are thriving in the eco-friendly 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 daddy. He asked me to create an energy lease that would safeguard his land for ranching and farming while offering an additional source of earnings. Prior to we understood it, my husband and I were helping others in the very same circumstance. So, we made it main, began a service and got to work.
A couple years later, we began partnering with renewable resource developers. There were certainly challenges and imperfections, closed doors and unequal collaborations, however we utilized this time to really hone our craft. We understood that if we wanted our business to grow and be successful then we would need to take a danger. In 2020, when the world was required to slow down due to the pandemic, we chose to take that danger. We used 2020 to rebrand Lyssy Energy into the company we had always dreamed about. In 2021, we have actually reintroduced ourselves to the world– no longer as an energy service business, but as renewable resource designers with the hope of owning and running utility-scale renewable resource projects.
Tell us about Lyssy Energy.
Lyssy Energy Enterprises is an ingenious, privately held, utility-scale designer of solar, wind and battery energy services. Our prime instruction is to contribute to the acceleration of the energy industrys shift to sustainable energy. Lyssy Energy believes that by releasing wind, solar and battery storage, we can optimize our efforts and provide all kinds of renewable energy options.
What difficulties do you deal with? Why?
Capital is among the greatest difficulties we deal with at the moment. The wind and the sun supply electrical power, however capital is what moves everything and everybody else. We need capital for everyday operations, and to establish, construct and operate our projects.
Securing advancement capital early is vital in providing land control and affiliation research studies to get projects off the ground. We are working hard to establish relationships with big financial investment companies that have a strong interest in renewables and can offer the capital required to develop a successful sustainable energy project.
How can possible partners do service 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 business that run in this industry and those thinking about buying renewable resource projects and companies. Ideally, we wish to deal with financial investment partners that can supply capital from the development stage through the building phase. We are also open up to partners who are interested in buying the company.
How are you making an effect through Lyssy Energy?
Lyssy Energy Enterprises makes every effort to continue constructing a diverse company. We wish to help stabilize the inequalities in our society by reaching out to people that are historically neglected and passed over. Ladies and people of color are key to our success, and it is necessary to promote their improvement to positions of management and management.
Lyssy Energy is working with poor neighborhoods in rural locations, and we hope to make a distinction by bringing sustainable energy projects to locations with high rates of poverty and other vulnerable neighborhoods. It is essential 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 benefits.
How has your Accelerate subscription helped your organization?
Being able to take part in ACOREs Accelerate subscription program is an opportunity and a pleasure. The Accelerate Program has actually connected us to some of the biggest and most prominent companies in the world, and these connections help give us the power to make a difference.
To read more about or contact Lyssy Energy Enterprises, check out https://www.lyssyenergy.com/.
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In 2021, we have reestablished ourselves to the world– no longer as an energy service business, however as sustainable energy designers with the hope of owning and operating utility-scale eco-friendly energy jobs.
Lyssy Energy Enterprises is an ingenious, 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 maximize our efforts and provide 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 sustainable energy jobs to areas with high rates of poverty and other vulnerable 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 advancement so everyone shares the benefits.