By Constance ThompsonOctober 7, 2021
The American Council on Renewable Energy (ACORE) is happy to share the next installation in our “Accelerating Renewables” blog site series.
Each installment features industry leaders and topics associated with speeding up an equitable and just shift to an eco-friendly energy economy. In recognition of National Hispanic Heritage Month, ACORE is highlighting 3 Hispanic-owned member companies 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 daddy. He asked me to put together an energy lease that would secure his land for ranching and farming while supplying an additional source of income.
A couple years later, we began partnering with renewable energy developers. We used 2020 to rebrand Lyssy Energy into the company we had constantly dreamed about. In 2021, we have reintroduced ourselves to the world– no longer as an energy service company, but as sustainable energy developers with the hope of owning and operating utility-scale renewable energy projects.
Inform us about Lyssy Energy.
Lyssy Energy Enterprises is an ingenious, privately held, utility-scale designer of solar, wind and battery energy options. Our prime instruction is to add to the velocity of the energy industrys shift to sustainable energy. We focus our operations in Texas, where growing population and service growth indicate a rapidly growing need for energy. Lyssy Energy thinks that by releasing wind, solar and battery storage, we can maximize our efforts and supply all type of renewable resource solutions. This state is our home, and the energy crisis unfolding in our backyard is personal. We desire to belong of the service and help our neighbors throughout the state establish much-needed sources of clean power. We are well on our method, with 1.5 gigawatts (GW) of clean, reliable energy including one wind and three solar tasks presently in advancement and a prospective portfolio of 15 GW.
What difficulties do you face? Why?
Capital is among the biggest challenges we face at the moment. The wind and the sun offer electricity, but capital is what moves everything and everybody else. We require capital for everyday operations, and to develop, construct and run our projects.
Securing advancement capital early is important in providing land control and interconnection research studies to get tasks off the ground. We are working hard to develop relationships with big investment companies that have a strong interest in renewables and can provide the capital essential to produce a successful renewable energy job.
How can possible partners do service with you?
Lyssy Energy Enterprises is open to collaborations or joint ventures. We are readily available to go over the requirement for all types of capital stack with various equity, tax and debt companies that run in this market and those interested in investing in sustainable energy tasks and companies.
How are you making an effect through Lyssy Energy?
Lyssy Energy Enterprises makes every effort to continue building a varied company. We hope to help balance the inequalities in our society by connecting to individuals that are traditionally neglected and passed over. Females and individuals of color are crucial to our success, and it is very important to promote their advancement to positions of management and leadership.
Lyssy Energy is working with poor communities in rural locations, 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 modification how we produce energy, but to bring the disenfranchised to the center of this technological development so everybody shares the benefits.
How has your Accelerate subscription assisted your business?
Being able to take part in ACOREs Accelerate membership program is an opportunity and a pleasure. This program has actually supported our efforts to be a part of the solution throughout this uncertain time in our lives. The Accelerate Program has linked us to some of the biggest and most influential business worldwide, and these connections help give us the power to make a distinction. Someday, we want to return the favor.
To learn more about or contact Lyssy Energy Enterprises, visit https://www.lyssyenergy.com/.
In 2021, we have actually reestablished ourselves to the world– no longer as an energy service business, however as sustainable energy designers with the hope of owning and operating utility-scale eco-friendly energy jobs.
Lyssy Energy Enterprises is an ingenious, privately held, utility-scale developer of solar, wind and battery energy services. Lyssy Energy thinks that by releasing wind, solar and battery storage, we can optimize our efforts and offer all kinds of renewable energy services. Lyssy Energy is working with poor communities in rural areas, and we hope to make a difference by bringing sustainable energy jobs to areas with high rates of hardship and other vulnerable communities. 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 development so everyone shares the advantages.