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 business, but as sustainable energy designers with the hope of owning and running utility-scale sustainable energy tasks.
Lyssy Energy Enterprises is an innovative, privately held, utility-scale designer of solar, wind and battery energy solutions. Lyssy Energy thinks that by deploying wind, solar and battery storage, we can maximize our efforts and supply all kinds of renewable energy options. Lyssy Energy is working with bad neighborhoods in rural areas, and we hope to make a distinction by bringing eco-friendly energy projects to areas with high rates of hardship and other susceptible neighborhoods. It is essential 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.

The American Council on Renewable Energy (ACORE) is happy to share the next installation in our “Accelerating Renewables” blog site series.
Each installment includes market leaders and subjects connected to speeding up a fair and simply shift to a renewable resource economy. In recognition of National Hispanic Heritage Month, ACORE is highlighting three Hispanic-owned member business that are flourishing in the sustainable energy sector.
Today, we are featuring Lyssy Energy Enterprises, a utility-scale renewable 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 start Lyssy Energy?
Lyssy Energy Enterprises all started 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 renewable resource designers. There were definitely shortcomings and difficulties, closed doors and unequal collaborations, but we utilized this time to actually hone our craft. We understood that if we desired our service to grow and prosper then we would need to take a threat. In 2020, when the world was required to decrease due to the pandemic, we decided to take that threat. 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 renewable energy designers with the hope of owning and operating utility-scale renewable energy jobs.
Tell us about Lyssy Energy.
Lyssy Energy Enterprises is an innovative, privately held, utility-scale developer of solar, wind and battery energy services. Our prime instruction is to add to the velocity of the energy markets shift to sustainable energy. We focus our operations in Texas, where booming population and service growth indicate a quickly growing demand for energy. Lyssy Energy thinks that by releasing wind, solar and battery storage, we can optimize our efforts and provide all kinds of eco-friendly energy options. This state is our house, and the energy crisis unfolding in our backyard is individual. We desire to belong of the service and help our neighbors across the state establish much-needed sources of tidy power. We are well on our method, with 1.5 gigawatts (GW) of tidy, dependable energy including one wind and 3 solar jobs currently in advancement and a possible portfolio of 15 GW.
What challenges do you face? Why?
Capital is one of the most significant obstacles we deal with at the moment. The wind and the sun offer electrical energy, however capital is what moves whatever and everyone else. We need capital for daily operations, and to establish, construct and run our tasks.
Protecting advancement capital early is necessary in providing land control and affiliation studies to get projects off the ground. We are striving to develop relationships with big investment companies that have a strong interest in renewables and can provide the capital required to develop an effective renewable resource task.
How can prospective partners do company with you?
Lyssy Energy Enterprises is open to collaborations or joint ventures. We are available to discuss the need for all types of capital stack with numerous equity, tax and debt business that run in this industry and those interested in investing in renewable energy tasks and companies. Ideally, we want to deal with financial investment partners that can supply capital from the advancement phase through the building phase. We are likewise open to partners who are interested in investing in the company.
How are you making an impact through Lyssy Energy?
Lyssy Energy Enterprises makes every effort to continue building a varied company. We intend to assist stabilize the inequalities in our society by reaching out to individuals that are historically ignored and passed over. Women and individuals of color are crucial to our success, and it is necessary to promote their advancement to positions of management and leadership.
Hardship is another concern we wish to resolve. Lyssy Energy is dealing with bad communities in backwoods, and we hope to make a distinction by bringing eco-friendly energy projects to locations with high rates of hardship and other susceptible communities. These projects supply reputable and budget friendly electrical energy, and likewise bring task opportunities and infrastructure development to poor communities. It is essential for the energy shift to not only modification how we produce energy, but to bring the disenfranchised to the center of this technological evolution so everyone shares the advantages.
How has your Accelerate membership helped your service?
Having the ability to take part in ACOREs Accelerate subscription program is an opportunity and a pleasure. This program has actually supported our efforts to be a part of the solution throughout this unsure time in our lives. The Accelerate Program has linked us to a few of the biggest and most prominent business on the planet, and these connections assist provide us the power to make a distinction. Someday, we wish to return the favor.
To learn more about or contact Lyssy Energy Enterprises, see https://www.lyssyenergy.com/.
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