CVC DIF, the infrastructure strategy of global private markets manager CVC, has announced the formation of a strategic partnership between its ground source heating and cooling platform Diverso Energy, a geoexchange utility in North America, and Mattamy Homes, one of the largest privately owned home builders in North America focused on sustainable low-carbon homebuilding.
The strategic partnership will make Diverso the exclusive geothermal provider for select Mattamy residential developments across Canada, spanning a range of single-family and multifamily low-rise, mid-rise and high-rise developments.
As part of the partnership, Mattamy will also contribute its existing portfolio of geoexchange systems that are both operating and under construction, serving more than 2,300 residential units as seed assets to the partnership. It will offer homeowners reliable, cost-effective and energy-efficient heating and cooling solutions, while aligning with the parties’ commitmen