Renewable Power Perspectives Q&A with Katie Garza, Co-Founder and COO, Lyssy Energy
By Constance ThompsonOctober 7, 2021
In 2021, we have actually reintroduced ourselves to the world– no longer as an energy service business, but as eco-friendly energy designers with the hope of owning and operating utility-scale eco-friendly energy tasks.
Lyssy Energy Enterprises is an ingenious, privately held, utility-scale designer of solar, wind and battery energy solutions. Lyssy Energy thinks that by releasing wind, solar and battery storage, we can optimize our efforts and offer all kinds of eco-friendly energy options. Lyssy Energy is working with bad neighborhoods in rural areas, and we hope to make a difference by bringing sustainable energy projects to areas with high rates of hardship and other vulnerable neighborhoods. It is important for the energy transition to not only change how we produce energy, however to bring the disenfranchised to the center of this technological evolution so everyone shares the advantages.
The American Council on Renewable Energy (ACORE) is pleased to share the next installation in our “Accelerating Renewables” blog site series.
Each installment features market leaders and topics related to accelerating an equitable and simply transition to a renewable resource economy. In recognition of National Hispanic Heritage Month, ACORE is highlighting 3 Hispanic-owned member business that are growing in the renewable resource sector.
Today, we are including 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 daddy. He asked me to put together an energy lease that would secure his land for ranching and farming while offering an extra source of income.
A couple years later, we began partnering with renewable resource designers. There were certainly shortcomings and difficulties, closed doors and unequal partnerships, but we used this time to actually sharpen our craft. If we wanted our organization to grow and succeed then we would need to take a threat, we realized that. In 2020, when the world was forced to slow down due to the pandemic, we chose to take that threat. We used 2020 to rebrand Lyssy Energy into the company we had actually always dreamed about. In 2021, we have reestablished ourselves to the world– no longer as an energy service company, however as eco-friendly energy developers with the hope of owning and operating utility-scale sustainable energy jobs.
Inform us about Lyssy Energy.
Lyssy Energy Enterprises is an innovative, 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 transition to sustainable energy. We concentrate our operations in Texas, where booming population and business growth imply a quickly growing demand for energy. Lyssy Energy thinks that by deploying wind, solar and battery storage, we can optimize our efforts and provide all sort of eco-friendly energy services. This state is our home, and the energy crisis unfolding in our backyard is personal. We wish to be a part of the solution and assist our next-door neighbors across 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 tasks presently in development and a possible portfolio of 15 GW.
What obstacles do you deal with? Why?
Capital is one of the most significant challenges we face at the moment. The wind and the sun offer electricity, however capital is what moves whatever and everyone else. We need capital for everyday operations, and to establish, construct and operate our projects.
Securing advancement capital early is important in offering land control and affiliation studies to get projects off the ground. We are working hard to establish relationships with big financial investment companies that have a strong interest in renewables and can provide the capital needed to create an effective eco-friendly energy project.
How can prospective partners do service with you?
Lyssy Energy Enterprises is open to partnerships or joint ventures. We are readily available to discuss the requirement for all kinds of capital stack with different equity, tax and financial obligation companies that operate in this industry and those thinking about buying renewable resource jobs and business. Ideally, we would like to deal with investment partners that can supply capital from the advancement phase through the building and construction phase. We are also open to partners who have an interest in buying the company.
How are you making an effect through Lyssy Energy?
Lyssy Energy Enterprises aims to continue developing a diverse business. We wish to help balance the inequalities in our society by connecting to individuals that are traditionally neglected and passed over. Ladies and individuals of color are key to our success, and it is essential to promote their advancement to positions of management and leadership.
Lyssy Energy is working with poor communities in rural areas, and we hope to make a distinction by bringing eco-friendly energy tasks 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, but to bring the disenfranchised to the center of this technological evolution so everybody shares the benefits.
How has your Accelerate subscription helped your company?
Being able to participate in ACOREs Accelerate subscription program is a pleasure and an advantage. The Accelerate Program has linked us to some of the most significant and most prominent business in the world, and these connections help provide us the power to make a distinction.
To find out more about or contact Lyssy Energy Enterprises, see https://www.lyssyenergy.com/.
###