Renewable Power Perspectives Q&A with Katie Garza, Co-Founder and COO, Lyssy Energy
By Constance ThompsonOctober 7, 2021
The American Council on Renewable Energy (ACORE) is pleased to share the next installation in our “Accelerating Renewables” blog series.
Each installation features industry leaders and subjects connected to accelerating a fair and simply transition to a renewable resource economy. In recognition of National Hispanic Heritage Month, ACORE is highlighting three Hispanic-owned member companies that are thriving in the eco-friendly 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 began with a favor to my father. He asked me to create an energy lease that would protect his land for ranching and farming while offering an extra source of earnings. Before we knew it, my spouse and I were helping others in the exact same scenario. So, we made it main, got and started a company to work.
A couple years later, we started partnering with sustainable energy designers. We used 2020 to rebrand Lyssy Energy into the business we had actually constantly dreamed about. In 2021, we have actually reestablished 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 sustainable energy tasks.
Inform 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 velocity of the energy markets shift to sustainable energy. Lyssy Energy believes that by releasing wind, solar and battery storage, we can maximize our efforts and supply all kinds of eco-friendly energy options.
What difficulties do you deal with? Why?
Capital is among the most significant difficulties we deal with at the moment. The wind and the sun provide electrical energy, however capital is what moves everything and everybody else. We require capital for everyday operations, and to establish, construct and run our jobs.
Securing development capital early is vital in supplying land control and affiliation research studies to get tasks off the ground. We are working hard to develop relationships with big financial investment companies that have a strong interest in renewables and can supply the capital required to develop a successful renewable resource task.
How can prospective partners do company with you?
Lyssy Energy Enterprises is open to collaborations or joint ventures. We are offered to go over the need for all kinds of capital stack with various equity, tax and financial obligation business that run in this industry and those interested in buying renewable resource jobs and companies. Ideally, we would like to deal with investment partners that can offer capital from the advancement stage through the building stage. We are also available to partners who have an interest in investing in the company.
How are you making an effect through Lyssy Energy?
Lyssy Energy Enterprises aims to continue developing a varied company. We want to assist balance the inequalities in our society by reaching out to individuals that are historically neglected and passed over. Females and people of color are key to our success, and it is very important to promote their development to positions of management and management.
Hardship is another problem we intend to resolve. Lyssy Energy is working with poor communities in backwoods, and we want to make a difference by bringing renewable energy jobs to areas with high rates of poverty and other vulnerable neighborhoods. These projects supply affordable and trustworthy electrical energy, and likewise bring job opportunities and facilities advancement to bad neighborhoods. It is very important 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 everyone shares the advantages.
How has your Accelerate subscription helped your company?
Being able to get involved in ACOREs Accelerate subscription program is a pleasure and a benefit. The Accelerate Program has actually linked us to some of the greatest and most influential companies in the world, and these connections help provide us the power to make a distinction.
To discover more about or contact Lyssy Energy Enterprises, see https://www.lyssyenergy.com/.
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In 2021, we have actually reintroduced ourselves to the world– no longer as an energy service business, but as renewable energy designers with the hope of owning and operating utility-scale renewable energy jobs.
Lyssy Energy Enterprises is an ingenious, privately held, utility-scale designer of solar, wind and battery energy solutions. Lyssy Energy believes that by deploying wind, solar and battery storage, we can maximize our efforts and offer all kinds of eco-friendly energy services. 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 hardship and other susceptible communities. 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 advancement so everybody shares the advantages.