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 business, but as eco-friendly energy designers with the hope of owning and operating utility-scale eco-friendly energy projects.
Lyssy Energy Enterprises is an innovative, privately held, utility-scale designer of solar, wind and battery energy options. Lyssy Energy believes that by releasing wind, solar and battery storage, we can maximize 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 distinction by bringing renewable energy projects to locations with high rates of poverty and other vulnerable communities. 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 development so everyone shares the benefits.
The American Council on Renewable Energy (ACORE) is delighted to share the next installation in our “Accelerating Renewables” blog series.
Each installment includes industry leaders and subjects related to speeding up a fair and just transition to a renewable resource economy. In acknowledgment of National Hispanic Heritage Month, ACORE is highlighting three Hispanic-owned member business that are flourishing in the renewable 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 start Lyssy Energy?
Lyssy Energy Enterprises all started with a favor to my father. He asked me to put together an energy lease that would protect his land for ranching and farming while offering an extra source of income.
A couple years later, we started partnering with renewable resource developers. There were definitely drawbacks and difficulties, closed doors and unequal collaborations, but we used this time to truly sharpen our craft. If we desired our company to grow and succeed then we would need to take a risk, we realized that. In 2020, when the world was required to decrease due to the pandemic, we chose to take that risk. 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 company, but as renewable resource designers with the hope of owning and operating 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 services. Our prime regulation is to contribute to the acceleration of the energy markets transition to sustainable energy. We focus our operations in Texas, where thriving population and service development mean a quickly growing demand for energy. Lyssy Energy thinks that by releasing wind, solar and battery storage, we can maximize our efforts and supply all type of sustainable energy solutions. This state is our home, and the energy crisis unfolding in our yard is individual. We wish to be a part of the solution and assist our next-door neighbors throughout the state develop much-needed sources of tidy power. We are well on our way, with 1.5 gigawatts (GW) of tidy, reputable energy consisting of one wind and 3 solar tasks presently in development and a prospective portfolio of 15 GW.
What obstacles do you deal with? Why?
Capital is one of the biggest difficulties we deal with at the minute. The wind and the sun provide electricity, however capital is what moves everything and everybody else. We require capital for daily operations, and to establish, construct and run our jobs.
Securing advancement capital early is vital in supplying land control and interconnection research studies to get tasks off the ground. We are striving to establish relationships with big investment companies that have a strong interest in renewables and can offer the capital necessary to create a successful eco-friendly energy project.
How can possible partners work with you?
Lyssy Energy Enterprises is open to collaborations or joint endeavors. We are offered to talk about the need for all kinds of capital stack with various equity, tax and debt business that run in this industry and those interested in buying eco-friendly energy projects and business. Preferably, we would like to work with investment partners that can provide capital from the advancement phase through the building phase. We are likewise available to partners who have an interest in buying the business.
How are you making an impact through Lyssy Energy?
Lyssy Energy Enterprises makes every effort to continue building a varied business. We want to help stabilize the inequalities in our society by connecting to individuals that are historically overlooked and passed over. Women and people of color are crucial to our success, and it is crucial to promote their improvement to positions of management and management.
Lyssy Energy is working with poor communities in rural locations, and we hope to make a distinction by bringing renewable energy jobs to areas with high rates of hardship and other susceptible communities. It is important 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 everybody shares the advantages.
How has your Accelerate subscription assisted your company?
Being able to take part in ACOREs Accelerate subscription program is a pleasure and an advantage. This program has actually supported our efforts to be a part of the solution throughout this unsure time in our lives. The Accelerate Program has actually connected us to a few of the biggest and most prominent companies on the planet, and these connections help provide us the power to make a difference. Someday, we wish to return the favor.
To find out more about or contact Lyssy Energy Enterprises, check out https://www.lyssyenergy.com/.
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