By Constance ThompsonOctober 7, 2021
The American Council on Renewable Energy (ACORE) is delighted to share the next installment in our “Accelerating Renewables” blog site series.
Each installment features industry leaders and subjects connected to accelerating a fair and just shift to a renewable resource economy. In acknowledgment of National Hispanic Heritage Month, ACORE is highlighting 3 Hispanic-owned member business that are prospering in the renewable resource sector.
Today, we are including Lyssy Energy Enterprises, a utility-scale renewable resource designer 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 father. He asked me to put together an energy lease that would protect his land for ranching and farming while providing an extra source of income.
A couple years later, we started partnering with sustainable energy designers. We utilized 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 company, however as renewable energy developers with the hope of owning and operating utility-scale renewable energy tasks.
Tell us about Lyssy Energy.
Lyssy Energy Enterprises is an ingenious, independently held, utility-scale designer of solar, wind and battery energy services. Our prime regulation is to contribute to the velocity of the energy markets shift to sustainable energy. We concentrate our operations in Texas, where thriving population and company development indicate a rapidly growing need for energy. Lyssy Energy thinks that by deploying wind, solar and battery storage, we can optimize our efforts and supply all type of renewable resource solutions. This state is our home, and the energy crisis unfolding in our yard is personal. We wish to belong of the option and assist our neighbors across the state develop much-needed sources of tidy power. We are well on our way, with 1.5 gigawatts (GW) of clean, trustworthy energy including one wind and three solar tasks presently in advancement and a potential 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 supply electrical energy, but capital is what moves whatever and everybody else. We need capital for daily operations, and to establish, construct and run our tasks.
Protecting advancement capital early is essential in providing land control and affiliation research studies to get projects off the ground. We are striving to establish relationships with big financial investment companies that have a strong interest in renewables and can supply the capital needed to create a successful eco-friendly energy job.
How can possible partners do service with you?
Lyssy Energy Enterprises is open to collaborations or joint ventures. We are available to go over the requirement for all types of capital stack with numerous equity, tax and financial obligation companies that operate in this market and those thinking about buying renewable resource projects and companies. Ideally, we want to work with financial investment partners that can provide capital from the development phase through the construction stage. We are likewise open to partners who have an interest in investing in the business.
How are you making an impact through Lyssy Energy?
Lyssy Energy Enterprises makes every effort to continue constructing a varied company. We hope to help stabilize the inequalities in our society by connecting to people that are historically overlooked and passed over. Ladies and people of color are crucial to our success, and it is crucial to promote their improvement to positions of management and leadership.
Lyssy Energy is working with poor neighborhoods in rural locations, and we hope to make a difference by bringing eco-friendly energy tasks to locations with high rates of poverty and other susceptible neighborhoods. It is crucial for the energy shift to not only change how we produce energy, but to bring the disenfranchised to the center of this technological advancement so everybody shares the advantages.
How has your Accelerate membership assisted your company?
Being able to take part in ACOREs Accelerate membership program is a privilege and a pleasure. This program has actually supported our efforts to be a part of the service throughout this unsure time in our lives. The Accelerate Program has connected us to a few of the greatest and most influential business on the planet, and these connections help offer us the power to make a difference. 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 reintroduced 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 innovative, privately held, utility-scale designer of solar, wind and battery energy services. 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 poor communities in rural locations, and we hope to make a difference by bringing eco-friendly energy jobs to locations with high rates of poverty and other vulnerable neighborhoods. 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 development so everybody shares the advantages.