Canadian geothermal utility company Diverso Energy is expanding in the US and New York State in particular, having agreed a new partnership with an investment fund.
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Waterloo, ON (Monday, October 1, 2018) – Diverso Energy, a leading geothermal utility company, and Eolectric Capital Inc. (EOCAP), an investment fund for renewable energy projects, announced today a strategic and financial partnership worth $55 million.
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The project might also contribute to the ‘growth’ of its innovative geothermal financing program. “Tim Weber’s Diverso model was a key to making the geothermal system happen,” says Spiegel.
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“We’ve all read media stories suggesting home ownership for first time buyers is out of reach in Toronto,” says Maurice Wager, President of Collecdev development company. “We wanted to change that.”
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