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 company, however as renewable energy designers with the hope of owning and running utility-scale renewable energy projects.
Lyssy Energy Enterprises is an ingenious, independently held, utility-scale designer of solar, wind and battery energy solutions. Lyssy Energy believes that by releasing wind, solar and battery storage, we can optimize our efforts and provide all kinds of renewable energy solutions. Lyssy Energy is working with poor neighborhoods in rural locations, and we hope to make a distinction by bringing eco-friendly energy jobs to locations with high rates of poverty and other susceptible neighborhoods. It is essential for the energy transition to not only modification how we produce energy, however to bring the disenfranchised to the center of this technological evolution so everybody shares the advantages.
The American Council on Renewable Energy (ACORE) is happy to share the next installation in our “Accelerating Renewables” blog series.
Each installment features industry leaders and topics related to speeding up an equitable and simply transition 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 renewable resource sector.
Today, we are including 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 extra source of income.
A couple years later, we began partnering with renewable energy developers. We used 2020 to rebrand Lyssy Energy into the business we had constantly dreamed about. In 2021, we have actually 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 eco-friendly energy projects.
Tell us about Lyssy Energy.
Lyssy Energy Enterprises is an ingenious, independently held, utility-scale designer of solar, wind and battery energy options. Our prime instruction is to add to the acceleration of the energy industrys shift to sustainable energy. We focus our operations in Texas, where growing population and business growth mean a quickly growing demand for energy. Lyssy Energy thinks that by releasing wind, solar and battery storage, we can maximize our efforts and provide all kinds of renewable resource solutions. This state is our home, and the energy crisis unfolding in our yard is individual. We wish to be a part of the option and assist our next-door neighbors across the state establish much-needed sources of clean power. We are well on our method, with 1.5 gigawatts (GW) of clean, dependable energy consisting of one wind and 3 solar jobs currently in development and a possible portfolio of 15 GW.
What obstacles do you face? Why?
Capital is one of the greatest difficulties we deal with at the minute. The sun and the wind provide electrical energy, but capital is what moves whatever and everyone else. We need capital for everyday operations, and to establish, construct and operate our tasks.
Protecting development capital early is vital in supplying land control and affiliation studies to get jobs off the ground. We are working hard to establish relationships with large financial investment firms that have a strong interest in renewables and can provide the capital essential to develop a successful renewable resource task.
How can possible partners work with you?
Lyssy Energy Enterprises is open to collaborations or joint ventures. We are available to go over the requirement for all kinds of capital stack with numerous equity, tax and debt business that operate in this market and those interested in investing in renewable energy tasks and companies. Preferably, we would like to work with investment partners that can supply capital from the development stage through the building stage. We are likewise open up to partners who are interested in investing in the business.
How are you making an impact through Lyssy Energy?
Lyssy Energy Enterprises aims to continue constructing a diverse business. We wish to assist balance the inequalities in our society by connecting to individuals that are historically overlooked and passed over. Females and people of color are crucial to our success, and it is essential to promote their improvement to positions of management and leadership.
Lyssy Energy is working with poor neighborhoods in rural areas, and we hope to make a distinction by bringing sustainable energy jobs to areas with high rates of poverty and other vulnerable communities. 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 development so everybody shares the benefits.
How has your Accelerate subscription assisted your company?
Being able to participate in ACOREs Accelerate membership program is an opportunity and a pleasure. The Accelerate Program has actually linked us to some of the biggest and most influential companies in the world, and these connections help provide us the power to make a distinction.
To get more information about or contact Lyssy Energy Enterprises, check out https://www.lyssyenergy.com/.
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