ABB Takes Minority Stake in LevelTen Energy, Betting on Clean-Power Procurement

ABB has taken a minority stake in LevelTen Energy, pairing an undisclosed investment from ABB Electrification Ventures with a strategic partnership built around clean-energy procurement. The companies announced the deal on Aug. 6, 2026, and disclosed no amount, valuation, ownership percentage, security type or named round — which makes this a strategic investment rather than a conventional priced financing.

LevelTen, founded in 2016, builds transaction infrastructure for clean energy. Its platform supports power purchase agreements, capacity, storage, powered land, environmental attribute certificates, granular certificates, market intelligence and performance monitoring, and is designed to help buyers, sellers, advisors, developers and financiers compare opportunities and move through deals using more standardized data and workflows. The company launched its Energy Marketplace in 2018 and has since expanded into asset transactions, tax credits, market data, performance monitoring, capacity, storage and granular certificates.

The partnership combines ABB's electrification, digital systems, energy management, storage, microgrid and energy-and-carbon advisory capabilities with LevelTen's marketplaces, data, transaction tools and portfolio-management software. The stated aim is to help industrial and commercial customers secure long-term clean power and capacity while moving from planning and implementation into optimization and reporting.

The logic behind the tie-up is that corporate energy strategy has become a systems problem. A manufacturer can install efficient motors, intelligent controls, battery storage, microgrids and energy-management software, then still find that sourcing clean electricity at scale requires specialized market data, contracting expertise, risk analysis and portfolio administration. Equipment can optimize what happens inside a facility, but it cannot negotiate a power purchase agreement. LevelTen's role is to connect those market-facing functions to ABB's physical and digital energy stack rather than leaving customers to assemble the pieces through separate vendors and advisory teams.

The integration gains weight as large power users confront tighter grids, more volatile prices and higher expectations about when and where clean energy is generated. Annual renewable matching is giving way to more detailed procurement and reporting requirements, while data centers and industrial facilities demand capacity on timelines that traditional planning processes struggle to meet.

The scale LevelTen brings is company-reported but substantial. ABB says the company has facilitated more than 20 GW of clean-energy transactions in more than 35 markets across North America and Europe. In its 2025 annual review, LevelTen reported 5.4 GW of clean-energy deals during the year and a network of more than 1,300 project developers in 35 countries.