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 site series.
Each installment includes market leaders and topics associated with speeding up a fair and simply transition to a renewable resource economy. In recognition of National Hispanic Heritage Month, ACORE is highlighting 3 Hispanic-owned member business that are prospering in the renewable resource sector.
Today, we are featuring Lyssy Energy Enterprises, a utility-scale eco-friendly 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 begin Lyssy Energy?
Lyssy Energy Enterprises all began with a favor to my father. He asked me to put together an energy lease that would safeguard his land for ranching and farming while providing an extra source of earnings.
A couple years later on, we started partnering with eco-friendly energy designers. There were certainly difficulties and shortcomings, closed doors and unequal collaborations, however we used this time to truly hone our craft. If we desired our company to grow and prosper then we would require to take a threat, we understood that. 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 always dreamed about. In 2021, we have reestablished ourselves to the world– no longer as an energy service company, however as renewable resource designers with the hope of owning and operating utility-scale renewable energy tasks.
Tell us about Lyssy Energy.
Lyssy Energy Enterprises is an innovative, privately held, utility-scale designer of solar, wind and battery energy solutions. Our prime regulation is to contribute to the acceleration of the energy industrys transition to sustainable energy. We concentrate our operations in Texas, where booming population and business development mean a quickly growing demand for energy. Lyssy Energy thinks that by releasing wind, solar and battery storage, we can optimize our efforts and provide all type of eco-friendly energy solutions. This state is our home, and the energy crisis unfolding in our yard is individual. We want to belong of the option and help our next-door neighbors throughout the state establish much-needed sources of tidy power. We are well on our way, with 1.5 gigawatts (GW) of tidy, trustworthy energy consisting of one wind and 3 solar jobs presently in development and a potential portfolio of 15 GW.
What difficulties do you deal with? Why?
Capital is one of the greatest difficulties we deal with at the minute. The wind and the sun provide electrical energy, but capital is what moves everything and everybody else. We need capital for everyday operations, and to establish, construct and run our tasks.
Securing development capital early is important in supplying land control and interconnection studies to get tasks off the ground. We are striving to establish relationships with big financial investment firms that have a strong interest in renewables and can offer the capital essential to produce an effective renewable resource project.
How can potential partners do company with you?
Lyssy Energy Enterprises is open to collaborations or joint endeavors. We are available to go over the requirement for all types of capital stack with different equity, tax and financial obligation companies that operate in this industry and those interested in investing in sustainable energy tasks and business.
How are you making an effect through Lyssy Energy?
Lyssy Energy Enterprises makes every effort to continue developing a diverse company. We hope to assist balance the inequalities in our society by reaching out to people that are historically ignored and passed over. Women and individuals of color are essential to our success, and it is very important to promote their development to positions of management and management.
Hardship is another issue we want to attend to. Lyssy Energy is working with poor neighborhoods in rural areas, and we intend to make a distinction by bringing renewable resource tasks to areas with high rates of hardship and other susceptible neighborhoods. These tasks provide reliable and inexpensive electrical energy, and likewise bring task chances and facilities advancement to bad neighborhoods. It is necessary 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 advantages.
How has your Accelerate membership helped your business?
Having the ability to take part in ACOREs Accelerate subscription program is an advantage and a delight. This program has supported our efforts to be a part of the option during this uncertain time in our lives. The Accelerate Program has actually linked us to some of the greatest and most influential companies worldwide, and these connections assist give us the power to make a difference. Someday, we want to return the favor.
To learn more about or contact Lyssy Energy Enterprises, see https://www.lyssyenergy.com/.
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In 2021, we have reintroduced ourselves to the world– no longer as an energy service business, however as sustainable energy developers with the hope of owning and operating utility-scale eco-friendly energy tasks.
Lyssy Energy Enterprises is an innovative, privately held, utility-scale developer of solar, wind and battery energy solutions. Lyssy Energy thinks that by deploying wind, solar and battery storage, we can optimize our efforts and provide all kinds of sustainable energy services. Lyssy Energy is working with poor neighborhoods in rural locations, and we hope to make a difference by bringing renewable energy jobs to areas with high rates of poverty and other susceptible communities. It is crucial 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.