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$2B Sale Signed By McLean’s GTT Communications

GTT Communications has signed an agreement to sell its infrastructure business to I Squared Capital, for $2.15 billion. GTT Communications is a McLean, Virginia-based telecommunications, internet, and cloud services provider while I Squared Capital is a Miami-based infrastructure investment company. GTT Communications stock spiked as much as 20% in New York Stock Exchange trading on the announcement Friday.Continue reading

Electrify America Of Reston Builds More Than 500 EV Charging Stations Nationwide

Electrify America, a Reston, Virginia-based company, said it has more than 500 electric vehicle charging stations now open across the U.S. They have a total of more than 2,200 individual fast chargers. Electrify America began building its nationwide network of EV charging stations in 2018. Their goal is to address the range anxiety many EV drivers experiences when venturing too far from work or home. Continue reading