Triangle Capital Makes $16M Investment in Comverge

Triangle Capital

announced today that it closed a $16.0 million investment in Comverge, Inc. ("Comverge") consisting of subordinated debt and equity. Based in Norcross, GA, Comverge delivers a comprehensive suite of intelligent energy management solutions that enable utilities, grid operators, and commercial and industrial organizations to optimize their energy usage in order to reduce costs, meet regulatory requirements, and support sustainability initiatives.