Ontario Construction News staff writer
Residential home builder Mattamy Homes and geothermal energy-as-a-service provider Diverso Energy LP have announced a joint venture to provide geothermal services to Mattamy residential developments across Canada.
Under the newly formed partnership, Diverso will be the exclusive provider of geothermal services to select Mattamy projects spanning a range of single-family homes, townhouses, and multi-family mid-rise and high-rise developments.
The partnership makes possible lower-emission communities without compromising affordability, homeowner experience or aesthetic design, the companies said in a statement.
Leveraging Diverso’s EaaS geothermal model, the selected Mattamy homes will feature fully electrified, emissions-free heating and cooling, with benefits such as quiet operation and greater outdoor deck space thanks to more compact HVAC systems.
“Each of us brought half the solution,” said Tim Weber, CEO of Mississauga-headquartered Diverso Energy. He said the partnership “will greatly accelerate the adoption of geothermal technology in residential developments across Canada.”
Privately held Mattamy said the joint venture builds on its efforts to reduce carbon across its communities. Mattamy has committed to achieving a 10 per cent greenhouse gas reduction in its homes sold in fiscal 2025 as compared to code-built homes—representing a 31 per cent reduction from a typical resale home built in 2005/2006.
“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.”
Founded in Toronto, Mattamy is one of the largest privately owned builders in North America and Canada’s largest residential home builder.
