By Constance ThompsonOctober 7, 2021
The American Council on Renewable Energy (ACORE) is delighted to share the next installation in our “Accelerating Renewables” blog series.
Each installment features industry leaders and topics associated with speeding up an equitable and just shift to a renewable resource economy. In acknowledgment of National Hispanic Heritage Month, ACORE is highlighting three Hispanic-owned member companies that are growing in the renewable energy 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 begin 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 supplying an extra source of income.
A couple years later on, we began partnering with renewable resource developers. There were certainly obstacles and imperfections, closed doors and unequal collaborations, but we utilized this time to truly sharpen our craft. We understood that if we desired our service to grow and succeed then we would need to take a danger. In 2020, when the world was forced to decrease due to the pandemic, we decided to take that danger. We used 2020 to rebrand Lyssy Energy into the company we had always dreamed about. In 2021, we have reestablished ourselves to the world– no longer as an energy service company, however as renewable resource developers with the hope of owning and operating utility-scale renewable resource jobs.
Tell us about Lyssy Energy.
Lyssy Energy Enterprises is an innovative, privately held, utility-scale developer of solar, wind and battery energy solutions. Our prime directive is to add to the acceleration of the energy markets transition to sustainable energy. We focus our operations in Texas, where thriving population and business growth suggest 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 sustainable energy solutions. This state is our home, and the energy crisis unfolding in our yard is personal. We wish to be a part of the solution and assist our 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 currently in advancement and a prospective portfolio of 15 GW.
What challenges do you face? Why?
Capital is one of the greatest challenges we deal with at the moment. The wind and the sun supply electrical energy, but capital is what moves everything and everyone else. We need capital for everyday operations, and to develop, construct and run our projects.
Securing advancement capital early is necessary in offering land control and interconnection research studies to get projects off the ground. We are striving to establish relationships with big investment firms that have a strong interest in renewables and can provide the capital essential to create a successful sustainable energy project.
How can potential partners work with you?
Lyssy Energy Enterprises is open to partnerships or joint endeavors. We are offered to go over the requirement for all kinds of capital stack with different equity, tax and debt business that run in this industry and those interested in purchasing renewable energy projects and companies. Ideally, we would like to deal with financial investment partners that can supply capital from the advancement phase through the construction phase. We are also available to partners who are interested in investing in the company.
How are you making an effect through Lyssy Energy?
Lyssy Energy Enterprises aims to continue developing a diverse business. We intend to assist stabilize the inequalities in our society by reaching out to people that are traditionally overlooked and passed over. Females and people of color are key to our success, and it is important to promote their advancement to positions of management and management.
Hardship is another concern we intend to attend to. Lyssy Energy is working with bad neighborhoods in rural areas, and we hope to make a distinction by bringing renewable resource jobs to locations with high rates of hardship and other susceptible communities. These tasks offer reputable and budget-friendly electrical power, and also bring job chances and facilities development to poor communities. It is essential 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 benefits.
How has your Accelerate subscription assisted your business?
Being able to participate in ACOREs Accelerate subscription program is a pleasure and a benefit. The Accelerate Program has connected us to some of the greatest and most influential companies in the world, and these connections assist offer us the power to make a difference.
For more information about or contact Lyssy Energy Enterprises, visit https://www.lyssyenergy.com/.
In 2021, we have actually reestablished ourselves to the world– no longer as an energy service business, however as renewable energy designers with the hope of owning and running utility-scale eco-friendly energy tasks.
Lyssy Energy Enterprises is an innovative, privately held, utility-scale designer of solar, wind and battery energy options. Lyssy Energy believes that by releasing wind, solar and battery storage, we can maximize our efforts and offer all kinds of sustainable energy options. Lyssy Energy is working with poor neighborhoods in rural areas, 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 important for the energy shift to not only modification how we produce energy, however to bring the disenfranchised to the center of this technological development so everybody shares the advantages.