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DCL Equity Partners invests in geothermal industry

Vaughan based DCL Equity Partners, has secured an interest in Groundheat Systems International, Canada’s oldest turnkey ground source heating/cooling geothermal company.

 
PRLog - Jan. 15, 2012 - The geothermal industry is on the verge of explosive growth as a viable heating / cooling delivery system. With new developments in drilling capabilities, heat exchangers and other efficiencies and rising energy costs, geothermal is a viable choice for mid to large scale projects. Additionally, Geothermal is the cleanest renewable energy source for the carbon neutral economy.  

“Groundheat Systems represented a great opportunity to enter the burgeoning clean energy sector with a management team that is clearly a pioneer and leader in the geothermal industry.. we plan to expand the company globally" Frank Deluca, CEO, DCL Equity Partners.

Groundheat Systems Inc. was founded by Gino Di Rezze who has served as its President in 1985. It's list of "first" include the first IKEA, Wal-Mart, and large townhouse complex in Milan, just to name a few that are using geothermal energy to heat and cool. The firm consults globally and has an office in Canada and Europe.

DCL Equity Partners Inc. is a private equity investment and advisory company with interest in cleantech, and sustainable investments, with a primary focus on green sustainable healthcare development.

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DCL Equity Partners is a private equity investment company focused on cleantech, renewable energy and sustainable healthcare development.

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Contact Email:
***@dclequitypartners.com Email Verified
Source:Frank Deluca
Phone:416 800 8764
Zip:L4K 5Z4
City/Town:Toronto - Ontario - Canada
Industry:Environment, Real Estate, Engineering
Tags:geothermal, renewable energy, HVAC, cleantech, Green
Last Updated:Jan 15, 2012
Shortcut:prlog.org/11772696
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