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 company, but as eco-friendly energy developers with the hope of owning and operating utility-scale sustainable energy tasks.
Lyssy Energy Enterprises is an ingenious, 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 optimize our efforts and supply all kinds of eco-friendly energy options. Lyssy Energy is working with bad communities in rural locations, and we hope to make a distinction by bringing sustainable energy tasks to areas with high rates of hardship and other vulnerable communities. It is crucial for the energy shift 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.

The American Council on Renewable Energy (ACORE) is pleased to share the next installation in our “Accelerating Renewables” blog series.
Each installation includes industry leaders and subjects related to accelerating a fair and simply transition to a renewable resource economy. In recognition of National Hispanic Heritage Month, ACORE is highlighting three Hispanic-owned member companies that are flourishing in the renewable energy sector.
Today, we are including Lyssy Energy Enterprises, a utility-scale eco-friendly energy 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 began with a favor to my father. He asked me to create an energy lease that would secure his land for ranching and farming while offering an additional source of income. Before we understood it, my husband and I were helping others in the very same scenario. We made it main, got and began a service to work.
A couple years later, we began partnering with renewable resource designers. There were certainly difficulties and shortcomings, closed doors and unequal collaborations, but we utilized this time to really sharpen our craft. We understood that if we desired our company to grow and be successful then we would need to take a risk. In 2020, when the world was required to decrease due to the pandemic, we chose to take that threat. We utilized 2020 to rebrand Lyssy Energy into the business we had actually constantly 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 resource tasks.
Inform us about Lyssy Energy.
Lyssy Energy Enterprises is an ingenious, independently held, utility-scale developer of solar, wind and battery energy solutions. Our prime regulation is to add to the velocity of the energy markets transition to sustainable energy. We concentrate our operations in Texas, where flourishing population and service development indicate a quickly growing demand for energy. Lyssy Energy believes that by releasing wind, solar and battery storage, we can optimize our efforts and provide all kinds of sustainable energy options. This state is our house, and the energy crisis unfolding in our yard is individual. We wish to be a part of the service and help our neighbors across the state establish much-needed sources of tidy power. We are well on our way, with 1.5 gigawatts (GW) of clean, trusted energy including one wind and three solar tasks presently in advancement and a prospective portfolio of 15 GW.
What challenges do you deal with? Why?
Capital is one of the most significant challenges we deal with at the minute. The sun and the wind supply electricity, however capital is what moves whatever and everyone else. We require capital for daily operations, and to develop, construct and operate our projects.
Securing development capital early is necessary in supplying land control and interconnection studies to get jobs off the ground. We are striving to establish relationships with large investment companies that have a strong interest in renewables and can supply the capital needed to create an effective renewable energy task.
How can potential partners work with you?
Lyssy Energy Enterprises is open to collaborations or joint endeavors. We are available to discuss the need for all kinds of capital stack with numerous equity, tax and financial obligation business that run in this industry and those interested in purchasing renewable resource projects and business. Preferably, we would like to deal with financial investment partners that can supply capital from the development phase through the building phase. We are also open up to partners who have an interest in investing in the business.
How are you making an effect through Lyssy Energy?
Lyssy Energy Enterprises strives to continue constructing a diverse business. We hope to assist balance the inequalities in our society by connecting to people that are traditionally ignored and passed over. Females and individuals of color are crucial to our success, and it is essential to promote their development to positions of management and leadership.
Hardship is another issue we intend to address. Lyssy Energy is working with poor neighborhoods in rural locations, and we want to make a difference by bringing sustainable energy projects to locations with high rates of hardship and other susceptible neighborhoods. These jobs provide trusted and budget-friendly electricity, and likewise bring task opportunities and facilities advancement to bad neighborhoods. It is necessary for the energy shift to not only change how we produce energy, however to bring the disenfranchised to the center of this technological evolution so everybody shares the advantages.
How has your Accelerate membership assisted your service?
Having the ability to take part in ACOREs Accelerate membership program is a pleasure and an opportunity. This program has actually supported our efforts to be a part of the service during this unsure time in our lives. The Accelerate Program has actually linked us to some of the most significant and most influential business worldwide, and these connections help offer us the power to make a difference. Someday, we hope to return the favor.
To read more about or contact Lyssy Energy Enterprises, visit https://www.lyssyenergy.com/.
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