DIF Capital Partners Acquires Majority Stake in Diverso Energy
May 10, 2023
DIF Capital Partners, via its DIF Infrastructure VII fund, has signed an agreement to acquire a 75% majority interest in Diverso Energy Inc., a Canadian developer, owner and operator of geothermal heating and cooling systems. The founders retain 25% and will continue to lead the company; the investment will fund Diverso's growth and execution of its pipeline of geothermal EaaS projects across Canada.
- Buyers
- DIF Capital Partners, DIF Infrastructure VII (fund)
- Targets
- Diverso Energy Inc.
- Sellers
- Founders of Diverso Energy
- Industry
- Renewable Energy
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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