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You are at:Home»News»New partnership shakes up geothermal industry

New partnership shakes up geothermal industry

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By Plumbing & HVAC Staff on May 26, 2025 News
Diverso geothermal rig in operation, drilling boreholes at Mattamy Homes’ Upper Joshua Creek site in Oakville, Ont. Photo provided by CNW Group/Diverso Energy LP

Mississauga, ON — Two leaders within Canada’s geothermal industry have announced a newly formed partnership. Diverso Energy will be the exclusive provider of geothermal services to select Mattamy Homes’ residential developments across Canada.

“Each of us brought half the solution,” said Tim Weber, CEO and co-founder of Diverso Energy. “It took trust and shared vision to bring the partnership together, which will greatly accelerate the adoption of geothermal technology in residential developments across Canada.”

The partnership aims at increasing the number of lower-emission communities, without compromising affordability, reports Diverso Energy. The announcement builds on Mattamy’s goal to reduce carbon across its communities.

“We’ve taken what was once a niche, custom energy solution and integrated it into our mainstream production model over the past several years,” said Brad Carr, CEO of Mattamy Homes Canada. “It’s evolved into a scalable offering, and our joint venture with Diverso enables us to use the proven, reliable technology to deliver numerous operational benefits to thousands of Canadian homeowners at no additional cost to them.”

Diverso designs, builds, owns, and operates geo-exchange utility systems that allow customers to utilize geo-exchange’s benefits. Mattamy Homes is a privately owned developer in North America with more than 45 years of service.

Mattamy’s range of homes includes single-family homes, townhouses, and multi-family mid-rise and high-rise developments. With this partnership, select Mattamy homes will feature fully electrified, emissions-free heating and cooling.

Diverso Energy geothermal energy geothermal systems homes HVAC Mattamy Homes Plumbing Skilled Trades
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