By Constance ThompsonOctober 7, 2021
The American Council on Renewable Energy (ACORE) is pleased to share the next installment in our “Accelerating Renewables” blog series.
Each installment includes market leaders and subjects related to accelerating a fair and just shift to a renewable resource economy. In recognition of National Hispanic Heritage Month, ACORE is highlighting three Hispanic-owned member business that are thriving in the renewable resource sector.
Today, we are featuring Lyssy Energy Enterprises, a utility-scale renewable resource 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 started with a favor to my daddy. He asked me to create an energy lease that would secure his land for ranching and farming while providing an additional income source. Before we understood it, my partner and I were assisting others in the very same scenario. So, we made it main, started a business and got to work.
A couple years later on, we started partnering with eco-friendly energy developers. There were definitely obstacles and imperfections, closed doors and unequal partnerships, however we utilized this time to actually sharpen our craft. We realized that if we desired our business to grow and prosper then we would need to take a threat. In 2020, when the world was forced to decrease due to the pandemic, we chose to take that risk. We used 2020 to rebrand Lyssy Energy into the business we had constantly dreamed about. In 2021, we have actually reintroduced ourselves to the world– no longer as an energy service company, but as sustainable energy developers with the hope of owning and operating utility-scale renewable resource projects.
Inform us about Lyssy Energy.
Lyssy Energy Enterprises is an innovative, privately held, utility-scale designer of solar, wind and battery energy services. Our prime instruction is to contribute to the velocity of the energy markets transition to sustainable energy. Lyssy Energy believes that by deploying wind, solar and battery storage, we can maximize our efforts and supply all kinds of eco-friendly energy options.
What obstacles do you deal with? Why?
Capital is among the greatest challenges we face at the minute. The sun and the wind provide electrical power, but capital is what moves everything and everyone else. We require capital for everyday operations, and to establish, construct and run our projects.
Securing advancement capital early is essential in offering land control and affiliation studies to get jobs off the ground. We are working hard to develop relationships with large financial investment firms that have a strong interest in renewables and can offer the capital needed to create a successful renewable resource task.
How can prospective partners work with you?
Lyssy Energy Enterprises is open to collaborations or joint endeavors. We are readily available to talk about the requirement for all types of capital stack with various equity, tax and debt companies that operate in this industry and those interested in investing in eco-friendly energy jobs and business.
How are you making an effect through Lyssy Energy?
Lyssy Energy Enterprises makes every effort to continue constructing a varied business. We hope to help stabilize the inequalities in our society by connecting to people that are traditionally overlooked and passed over. Ladies and people of color are key to our success, and it is necessary to promote their advancement to positions of management and leadership.
Poverty is another problem we want to attend to. Lyssy Energy is dealing with bad neighborhoods in backwoods, and we intend to make a difference by bringing sustainable energy jobs to areas with high rates of poverty and other vulnerable neighborhoods. These projects offer trusted and affordable electrical energy, and also bring task chances and facilities development to bad neighborhoods. It is necessary for the energy transition to not only modification how we produce energy, however to bring the disenfranchised to the center of this technological development so everyone shares the advantages.
How has your Accelerate membership assisted your organization?
Being able to get involved in ACOREs Accelerate subscription program is a pleasure and an opportunity. The Accelerate Program has linked us to some of the most significant and most prominent companies in the world, and these connections assist provide us the power to make a distinction.
To find out more about or contact Lyssy Energy Enterprises, go to https://www.lyssyenergy.com/.
In 2021, we have reestablished ourselves to the world– no longer as an energy service company, but as eco-friendly energy designers with the hope of owning and running utility-scale eco-friendly energy projects.
Lyssy Energy Enterprises is an ingenious, independently 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 offer all kinds of eco-friendly energy services. Lyssy Energy is working with bad communities in rural locations, and we hope to make a difference by bringing renewable energy jobs to areas with high rates of poverty and other vulnerable communities. It is essential for the energy transition 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.