By Constance ThompsonOctober 7, 2021
The American Council on Renewable Energy (ACORE) is delighted to share the next installation in our “Accelerating Renewables” blog series.
Each installation features market leaders and topics connected to accelerating an equitable and just shift to an eco-friendly energy economy. In acknowledgment of National Hispanic Heritage Month, ACORE is highlighting 3 Hispanic-owned member companies that are prospering in the renewable resource 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 start Lyssy Energy?
Lyssy Energy Enterprises all started with a favor to my daddy. He asked me to put together an energy lease that would safeguard his land for ranching and farming while offering an extra source of earnings.
A couple years later, we began partnering with sustainable energy designers. We used 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, but as sustainable energy developers with the hope of owning and running utility-scale renewable energy jobs.
Inform us about Lyssy Energy.
Lyssy Energy Enterprises is an ingenious, independently held, utility-scale designer of solar, wind and battery energy options. Our prime directive is to contribute to the acceleration of the energy industrys transition to sustainable energy. We concentrate our operations in Texas, where thriving population and business growth indicate a quickly growing need for energy. Lyssy Energy believes that by deploying wind, solar and battery storage, we can maximize our efforts and provide all type of renewable resource options. This state is our home, and the energy crisis unfolding in our backyard is personal. We desire to belong of the service and assist our next-door neighbors throughout the state develop much-needed sources of clean power. We are well on our method, with 1.5 gigawatts (GW) of tidy, reputable energy consisting of one wind and 3 solar jobs presently in advancement and a potential portfolio of 15 GW.
What challenges do you deal with? Why?
Capital is among the greatest challenges we face at the minute. The wind and the sun provide electricity, however capital is what moves whatever and everyone else. We need capital for everyday operations, and to establish, construct and run our jobs.
Securing advancement capital early is necessary in supplying land control and interconnection studies to get tasks off the ground. We are striving to develop relationships with big investment firms that have a strong interest in renewables and can provide the capital essential to create a successful renewable resource task.
How can potential partners work with you?
Lyssy Energy Enterprises is open to collaborations or joint endeavors. We are available to discuss the requirement for all types of capital stack with different equity, tax and debt business that run in this market and those interested in investing in eco-friendly energy tasks and companies.
How are you making an impact through Lyssy Energy?
Lyssy Energy Enterprises strives to continue developing a diverse company. We wish to help balance the inequalities in our society by reaching out to people that are historically ignored and passed over. Ladies and individuals of color are crucial to our success, and it is essential to promote their development to positions of management and leadership.
Lyssy Energy is working with poor neighborhoods in rural areas, and we hope to make a difference by bringing sustainable energy projects to areas with high rates of poverty and other vulnerable neighborhoods. It is important for the energy transition to not only modification how we produce energy, however to bring the disenfranchised to the center of this technological advancement so everybody shares the benefits.
How has your Accelerate membership assisted your company?
Having the ability to take part in ACOREs Accelerate membership program is a pleasure and an advantage. 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 connected us to some of the most significant and most influential business in the world, and these connections assist provide us the power to make a distinction. Someday, we wish to return the favor.
To get more information about or contact Lyssy Energy Enterprises, go to https://www.lyssyenergy.com/.
In 2021, we have actually reestablished ourselves to the world– no longer as an energy service company, however as renewable energy designers with the hope of owning and operating utility-scale sustainable energy jobs.
Lyssy Energy Enterprises is an innovative, independently 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 supply all kinds of renewable energy options. Lyssy Energy is working with poor communities in rural areas, and we hope to make a difference by bringing renewable energy jobs to locations with high rates of poverty and other vulnerable communities. It is important 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 everybody shares the benefits.