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 installment in our “Accelerating Renewables” blog site series.
Each installment includes industry leaders and topics associated with speeding up a fair and simply transition to a sustainable energy economy. In recognition of National Hispanic Heritage Month, ACORE is highlighting 3 Hispanic-owned member companies that are prospering in the eco-friendly energy 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 started with a favor to my father. He asked me to create an energy lease that would safeguard his land for ranching and farming while offering an extra source of income. Prior to we understood it, my partner and I were helping others in the same scenario. We made it main, began a company and got to work.
A couple years later, we began partnering with eco-friendly energy designers. We used 2020 to rebrand Lyssy Energy into the business we had actually constantly dreamed about. In 2021, we have 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 sustainable energy jobs.
Tell us about Lyssy Energy.
Lyssy Energy Enterprises is an innovative, independently held, utility-scale developer of solar, wind and battery energy services. Our prime regulation is to add to the acceleration of the energy industrys shift to sustainable energy. We focus our operations in Texas, where flourishing population and business development indicate a quickly growing need for energy. Lyssy Energy thinks that by releasing wind, solar and battery storage, we can optimize our efforts and supply all type of sustainable energy solutions. This state is our home, and the energy crisis unfolding in our backyard is personal. We want to be a part of the solution and assist our next-door neighbors throughout the state develop much-needed sources of clean power. We are well on our method, with 1.5 gigawatts (GW) of tidy, trustworthy 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 among the most significant obstacles we deal with at the minute. The sun and the wind supply electricity, however capital is what moves everything and everybody else. We need capital for daily operations, and to develop, construct and run our tasks.
Protecting advancement capital early is essential in supplying land control and affiliation research studies to get tasks off the ground. We are working hard to develop relationships with large financial investment companies that have a strong interest in renewables and can provide the capital essential to create an effective renewable resource task.
How can possible partners work with you?
Lyssy Energy Enterprises is open to partnerships or joint endeavors. We are offered to talk about the requirement for all types of capital stack with different equity, tax and financial obligation business that operate in this industry and those interested in purchasing renewable energy jobs and companies. Ideally, we would like to work with financial investment partners that can provide capital from the development stage through the construction phase. We are also open up to partners who have an interest in buying the business.
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 balance the inequalities in our society by reaching out to people that are historically disregarded and passed over. Ladies and individuals of color are essential to our success, and it is essential to promote their improvement to positions of management and leadership.
Hardship is another concern we hope to address. Lyssy Energy is dealing with bad neighborhoods in backwoods, and we wish to make a distinction by bringing renewable resource projects to areas with high rates of poverty and other vulnerable neighborhoods. These tasks supply trusted and budget friendly electrical power, and likewise bring task opportunities and infrastructure development to poor communities. It is necessary for the energy shift to not only change how we produce energy, but to bring the disenfranchised to the center of this technological development so everybody shares the advantages.
How has your Accelerate membership assisted your company?
Being able to take part in ACOREs Accelerate subscription program is a delight and a benefit. The Accelerate Program has actually connected us to some of the greatest and most influential business in the world, and these connections help provide us the power to make a distinction.
To learn more about or contact Lyssy Energy Enterprises, see https://www.lyssyenergy.com/.
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In 2021, we have actually reintroduced ourselves to the world– no longer as an energy service business, however as eco-friendly energy developers with the hope of owning and running utility-scale eco-friendly energy projects.
Lyssy Energy Enterprises is an ingenious, independently held, utility-scale developer of solar, wind and battery energy options. Lyssy Energy believes that by releasing wind, solar and battery storage, we can maximize our efforts and supply all kinds of renewable energy services. Lyssy Energy is working with bad neighborhoods in rural areas, and we hope to make a distinction by bringing sustainable energy tasks to locations with high rates of poverty and other vulnerable communities. It is essential for the energy transition to not only change how we produce energy, however to bring the disenfranchised to the center of this technological advancement so everybody shares the benefits.