Renewable Power Perspectives Q&A with Katie Garza, Co-Founder and COO, Lyssy Energy

By Constance ThompsonOctober 7, 2021

The American Council on Renewable Energy (ACORE) is happy to share the next installation in our “Accelerating Renewables” blog series.
Each installation includes market leaders and topics related to accelerating an equitable and just transition to a renewable resource economy. In recognition of National Hispanic Heritage Month, ACORE is highlighting 3 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 start Lyssy Energy?
Lyssy Energy Enterprises all began 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 additional source of income.
A couple years later on, we started partnering with eco-friendly energy developers. We used 2020 to rebrand Lyssy Energy into the business we had actually constantly dreamed about. In 2021, we have actually reestablished ourselves to the world– no longer as an energy service business, however as eco-friendly energy designers with the hope of owning and running utility-scale eco-friendly energy projects.
Inform 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 shift to sustainable energy. We focus our operations in Texas, where flourishing population and business development imply a quickly growing need for energy. Lyssy Energy thinks that by deploying wind, solar and battery storage, we can optimize our efforts and offer all type of renewable resource options. This state is our home, and the energy crisis unfolding in our yard is individual. We desire to belong of the solution and help our next-door neighbors throughout the state establish much-needed sources of tidy power. We are well on our way, with 1.5 gigawatts (GW) of clean, reputable energy consisting of one wind and 3 solar jobs presently in advancement and a prospective portfolio of 15 GW.
What obstacles do you deal with? Why?
Capital is one of the most significant obstacles we face at the minute. The wind and the sun supply electricity, however capital is what moves whatever and everyone else. We need capital for daily operations, and to develop, construct and operate our tasks.
Securing advancement capital early is vital in providing land control and interconnection studies to get jobs off the ground. We are striving to develop relationships with large investment firms that have a strong interest in renewables and can provide the capital essential to develop a successful renewable resource job.
How can possible partners work with you?
Lyssy Energy Enterprises is open to collaborations or joint ventures. We are offered to discuss the requirement for all types of capital stack with different equity, tax and debt business that operate in this industry and those thinking about buying renewable resource tasks and companies. Ideally, we wish to deal with financial investment partners that can provide capital from the development stage through the construction stage. We are likewise available to partners who have an interest in investing in the business.
How are you making an effect through Lyssy Energy?
Lyssy Energy Enterprises aims to continue building a diverse company. We intend to help stabilize the inequalities in our society by connecting to people that are historically ignored and passed over. Females and people of color are key to our success, and it is very important to promote their improvement to positions of management and leadership.
Lyssy Energy is working with bad communities in rural areas, and we hope to make a distinction by bringing sustainable energy projects to areas with high rates of hardship and other vulnerable neighborhoods. It is essential for the energy transition to not only change how we produce energy, but to bring the disenfranchised to the center of this technological advancement so everyone shares the advantages.
How has your Accelerate subscription helped your business?
Being able to take part in ACOREs Accelerate subscription program is a delight and an advantage. This program has actually supported our efforts to be a part of the option throughout this unpredictable time in our lives. The Accelerate Program has connected us to a few of the most significant and most prominent business in the world, and these connections help offer us the power to make a difference. Someday, we intend to return the favor.
To read more about or contact Lyssy Energy Enterprises, see https://www.lyssyenergy.com/.
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In 2021, we have reintroduced ourselves to the world– no longer as an energy service company, however as renewable energy designers with the hope of owning and running utility-scale eco-friendly energy jobs.
Lyssy Energy Enterprises is an innovative, privately held, utility-scale developer of solar, wind and battery energy solutions. Lyssy Energy thinks that by releasing wind, solar and battery storage, we can optimize our efforts and supply all kinds of renewable energy services. Lyssy Energy is working with poor communities in rural areas, and we hope to make a distinction by bringing renewable energy projects to areas with high rates of hardship and other vulnerable neighborhoods. 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 benefits.