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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