DIF Capital Partners has plans to acquire a 75 percent interest in Diverso Energy, a developer, owner and operator of geothermal energy systems in Canada. The company’s founders will retain the remaining ownership and continue to lead the company.
Diverso offers geothermal heating and cooling solutions for multi-unit residential and commercial projects under an energy-as-a-service model with long-term contracts. Diverso’s ground-source energy systems typically reduce the carbon intensity of a building by 80 percent by removing traditional gas boilers. The company estimates its developed and pipeline projects will eliminate more than 30,000 tons of carbon dioxide annually.
DIF’s acquisition will enable Diverso to continue its growth and execute on its growing pipeline of geothermal projects in Canada.
“Diverso provides a technical solution that is sustainable and significantly improves energy efficiency of buildings,” said Gijs Voskuyl, partner and head