By Constance ThompsonOctober 7, 2021
The American Council on Renewable Energy (ACORE) is pleased to share the next installment in our “Accelerating Renewables” blog site series.
Each installment includes industry leaders and subjects related to speeding up a fair and simply transition to an eco-friendly energy economy. In acknowledgment of National Hispanic Heritage Month, ACORE is highlighting three Hispanic-owned member business that are growing in the renewable energy sector.
Today, we are including Lyssy Energy Enterprises, a utility-scale eco-friendly 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 began with a favor to my daddy. He asked me to put together an energy lease that would safeguard his land for ranching and farming while supplying an extra source of earnings.
A couple years later, we began partnering with renewable energy designers. We used 2020 to rebrand Lyssy Energy into the company we had actually constantly dreamed about. In 2021, we have actually reintroduced ourselves to the world– no longer as an energy service business, but as renewable energy developers with the hope of owning and operating utility-scale eco-friendly energy projects.
Tell us about Lyssy Energy.
Lyssy Energy Enterprises is an ingenious, independently held, utility-scale developer of solar, wind and battery energy services. Our prime instruction is to contribute to the acceleration of the energy industrys transition to sustainable energy. We focus our operations in Texas, where thriving population and company development mean a rapidly growing need for energy. Lyssy Energy believes that by releasing wind, solar and battery storage, we can optimize our efforts and offer all kinds of renewable resource services. This state is our home, and the energy crisis unfolding in our backyard is personal. We want 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 way, with 1.5 gigawatts (GW) of tidy, reputable energy including one wind and 3 solar projects presently in advancement and a prospective portfolio of 15 GW.
What obstacles do you face? Why?
Capital is one of the greatest challenges we face at the moment. The wind and the sun supply electricity, however capital is what moves whatever and everyone else. We require capital for everyday operations, and to develop, construct and run our tasks.
Securing development capital early is vital in providing land control and interconnection studies to get jobs 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 needed to develop a successful sustainable energy project.
How can prospective partners work with you?
Lyssy Energy Enterprises is open to partnerships or joint ventures. We are available to go over the requirement for all types of capital stack with numerous equity, tax and debt companies that run in this market and those interested in buying renewable resource jobs and business. Ideally, we want to deal with financial investment partners that can provide capital from the development phase through the building phase. We are likewise open up to partners who have an interest in investing in the business.
How are you making an effect through Lyssy Energy?
Lyssy Energy Enterprises strives to continue building a varied business. We want to assist stabilize the inequalities in our society by connecting to people that are traditionally disregarded and passed over. Ladies and people of color are crucial to our success, and it is essential to promote their development to positions of management and leadership.
Hardship is another problem we wish to deal with. Lyssy Energy is working with bad communities in backwoods, and we intend to make a distinction by bringing sustainable energy tasks to areas with high rates of poverty and other vulnerable neighborhoods. These jobs offer budget friendly and reputable electrical power, and likewise bring job opportunities and facilities advancement to bad neighborhoods. It is crucial for the energy shift to not only change how we produce energy, however to bring the disenfranchised to the center of this technological development so everybody shares the benefits.
How has your Accelerate membership helped your service?
Being able to participate in ACOREs Accelerate membership program is a privilege and a delight. The Accelerate Program has actually linked us to some of the biggest and most prominent business in the world, and these connections help give us the power to make a distinction.
For more information about or contact Lyssy Energy Enterprises, see https://www.lyssyenergy.com/.
In 2021, we have actually reestablished ourselves to the world– no longer as an energy service company, but as eco-friendly energy designers with the hope of owning and operating utility-scale sustainable energy tasks.
Lyssy Energy Enterprises is an innovative, independently held, utility-scale developer of solar, wind and battery energy services. Lyssy Energy thinks that by deploying wind, solar and battery storage, we can maximize our efforts and offer all kinds of eco-friendly energy options. Lyssy Energy is working with bad neighborhoods in rural locations, and we hope to make a distinction by bringing renewable energy jobs to locations with high rates of hardship and other vulnerable communities. It is crucial 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.