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 installation features market leaders and topics associated with speeding up a fair and just shift to a renewable resource economy. In acknowledgment of National Hispanic Heritage Month, ACORE is highlighting three Hispanic-owned member companies that are prospering in the renewable energy sector.
Today, we are including 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 put together an energy lease that would safeguard his land for ranching and farming while supplying an extra source of earnings.
A couple years later, we began partnering with sustainable energy designers. We utilized 2020 to rebrand Lyssy Energy into the company we had actually constantly dreamed about. In 2021, we have reintroduced ourselves to the world– no longer as an energy service business, but as eco-friendly energy developers with the hope of owning and running utility-scale renewable energy tasks.
Inform us about Lyssy Energy.
Lyssy Energy Enterprises is an innovative, privately held, utility-scale developer of solar, wind and battery energy solutions. Our prime directive is to contribute to the acceleration 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 provide all kinds of sustainable energy services.
What difficulties do you face? Why?
Capital is one of the most significant difficulties we face at the moment. The sun and the wind supply electrical energy, but capital is what moves everything and everyone else. We need capital for daily operations, and to establish, construct and run our projects.
Protecting development capital early is vital in offering land control and affiliation 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 eco-friendly energy job.
How can prospective partners work with you?
Lyssy Energy Enterprises is open to collaborations or joint ventures. We are available to discuss the requirement for all types of capital stack with numerous equity, tax and debt business that operate in this market and those interested in buying renewable resource projects and companies. Preferably, we wish to deal with financial investment partners that can provide capital from the advancement phase through the building stage. We are also open to partners who are interested in buying the company.
How are you making an effect through Lyssy Energy?
Lyssy Energy Enterprises strives to continue constructing a varied business. We want to assist balance the inequalities in our society by reaching out to individuals that are traditionally ignored and passed over. Women and people of color are essential to our success, and it is important to promote their advancement to positions of management and management.
Hardship is another issue we hope to address. Lyssy Energy is working with poor neighborhoods in backwoods, and we hope to make a distinction by bringing sustainable energy tasks to areas with high rates of hardship and other vulnerable neighborhoods. These projects provide cost effective and reliable electricity, and also bring task chances and facilities advancement to poor neighborhoods. It is crucial for the energy transition to not only change how we produce energy, however to bring the disenfranchised to the center of this technological evolution so everyone shares the benefits.
How has your Accelerate membership helped your service?
Being able to participate in ACOREs Accelerate membership program is an opportunity and a delight. The Accelerate Program has connected us to some of the greatest and most prominent business in the world, and these connections help provide us the power to make a difference.
To find out more 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 business, but as renewable energy designers with the hope of owning and operating utility-scale sustainable energy jobs.
Lyssy Energy Enterprises is an ingenious, privately held, utility-scale developer of solar, wind and battery energy services. Lyssy Energy believes that by deploying wind, solar and battery storage, we can optimize our efforts and provide 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 sustainable energy projects to areas with high rates of poverty and other susceptible communities. It is crucial for the energy transition to not only modification how we produce energy, but to bring the disenfranchised to the center of this technological evolution so everybody shares the advantages.