By Constance ThompsonOctober 7, 2021
The American Council on Renewable Energy (ACORE) is delighted to share the next installment in our “Accelerating Renewables” blog series.
Each installation includes market leaders and topics related to speeding up a fair and simply transition to an eco-friendly energy economy. In recognition of National Hispanic Heritage Month, ACORE is highlighting three Hispanic-owned member business that are growing in the renewable energy sector.
Today, we are featuring Lyssy Energy Enterprises, a utility-scale sustainable 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 started with a favor to my daddy. He asked me to put together an energy lease that would protect his land for ranching and farming while supplying an additional source of income.
A couple years later on, we started partnering with sustainable energy designers. We utilized 2020 to rebrand Lyssy Energy into the business we had always dreamed about. In 2021, we have actually reintroduced ourselves to the world– no longer as an energy service company, but as eco-friendly energy developers with the hope of owning and running utility-scale eco-friendly energy jobs.
Tell us about Lyssy Energy.
Lyssy Energy Enterprises is an innovative, independently held, utility-scale designer of solar, wind and battery energy services. Our prime directive is to contribute to the velocity of the energy industrys transition to sustainable energy. Lyssy Energy thinks that by releasing wind, solar and battery storage, we can maximize our efforts and provide all kinds of sustainable energy services.
What challenges do you deal with? Why?
Capital is among the most significant obstacles we face at the moment. The sun and the wind supply electrical power, however capital is what moves whatever and everyone else. We require capital for everyday operations, and to establish, construct and operate our tasks.
Securing advancement capital early is necessary in providing land control and interconnection research studies to get tasks off the ground. We are working hard to establish relationships with large investment companies that have a strong interest in renewables and can provide the capital necessary to develop a successful renewable resource job.
How can potential partners work with you?
Lyssy Energy Enterprises is open to collaborations or joint endeavors. We are available to talk about the need for all kinds of capital stack with different equity, tax and financial obligation companies that operate in this industry and those thinking about purchasing renewable energy tasks and business. Ideally, we want to work with investment partners that can offer capital from the advancement stage through the building stage. We are likewise open up to partners who are interested in purchasing the business.
How are you making an impact through Lyssy Energy?
Lyssy Energy Enterprises strives to continue building a varied business. We wish to assist balance the inequalities in our society by connecting to people that are traditionally disregarded and passed over. Women and people of color are essential to our success, and it is essential to promote their advancement to positions of management and management.
Hardship is another problem we want to resolve. Lyssy Energy is working with poor neighborhoods in backwoods, and we intend to make a distinction by bringing renewable energy projects to areas with high rates of poverty and other vulnerable communities. These tasks provide affordable and reliable electricity, and likewise bring job opportunities and facilities advancement to poor neighborhoods. It is necessary for the energy transition to not only modification how we produce energy, but to bring the disenfranchised to the center of this technological advancement so everybody shares the advantages.
How has your Accelerate membership assisted your business?
Having the ability to take part in ACOREs Accelerate subscription program is a privilege and a pleasure. This program has actually supported our efforts to be a part of the option during this unpredictable time in our lives. The Accelerate Program has connected us to a few of the greatest and most prominent business on the planet, and these connections assist offer us the power to make a difference. Someday, we intend to return the favor.
To get more information about or contact Lyssy Energy Enterprises, check out https://www.lyssyenergy.com/.
In 2021, we have actually reintroduced ourselves to the world– no longer as an energy service business, however as renewable energy developers with the hope of owning and running utility-scale renewable energy projects.
Lyssy Energy Enterprises is an ingenious, privately held, utility-scale developer of solar, wind and battery energy services. Lyssy Energy thinks that by deploying wind, solar and battery storage, we can optimize our efforts and provide all kinds of renewable energy solutions. Lyssy Energy is working with poor neighborhoods in rural areas, and we hope to make a difference by bringing eco-friendly energy jobs to areas with high rates of hardship and other vulnerable neighborhoods. It is essential for the energy shift to not only change how we produce energy, however to bring the disenfranchised to the center of this technological development so everybody shares the benefits.