LevelTen Energy Partnership Adds Renewable Procurement Capabilities to ABB Portfolio

LevelTen Energy Partnership Adds Renewable Procurement Capabilities to ABB Portfolio

(IN BRIEF) ABB has formed a strategic partnership with and made a minority investment in LevelTen Energy, the world’s largest clean energy marketplace. The partnership will strengthen ABB’s energy and carbon advisory services by adding renewable energy procurement capabilities, including support for power purchase agreements, environmental attribute certificates, energy storage agreements and other clean energy transactions. LevelTen Energy has facilitated more than 20 GW of clean energy transactions across more than 35 markets in North America and Europe. Its platform serves hyperscalers, industrial and commercial companies, utilities and energy developers. The investment was made through ABB Electrification Ventures, which has invested more than US $110 million in 18 start-ups since 2021. ABB Ventures, the group-wide venture capital unit, has invested more than US $500 million in start-ups since 2010.

(PRESS RELEASE) ZURICH, 7-Aug-2026 — /EuropaWire/ — ABB has entered into a strategic partnership and made a minority investment in LevelTen Energy, the world’s largest marketplace for clean energy transactions, including power purchase agreements.

The partnership is intended to strengthen ABB’s ability to help industrial and commercial customers secure affordable, long-term clean energy while maintaining speed to power in an increasingly complex grid environment.

The collaboration will expand ABB’s energy and carbon advisory services by combining the company’s expertise in electrification, digital solutions and energy management with LevelTen Energy’s clean energy marketplace and transaction platform.

Financial details of ABB’s investment were not disclosed.

Headquartered in the United States, LevelTen Energy has facilitated more than 20 GW of clean energy transactions across more than 35 markets in North America and Europe.

Its platform serves a broad range of market participants, including hyperscalers, commercial and industrial companies, utilities and clean energy developers.

ABB said the partnership will enhance its end-to-end customer offering across energy procurement, electrification, optimisation and emissions reduction.

As companies face growing pressure to decarbonise their operations, access to reliable and affordable clean electricity has become one of the more complex challenges on the path to net zero.

Many businesses have already invested in on-site renewable energy generation and energy efficiency measures.

However, sourcing clean power at scale often requires long-term renewable energy agreements that can be difficult to structure and execute without specialist market expertise.

Stuart Thompson, President of the Electrification Service division at ABB, said customers are under significant pressure to reduce carbon emissions while managing energy costs and maintaining reliable, 24/7 operations.

He said ABB’s current customer solutions have been missing a straightforward way to secure long-term clean energy at the right price.

Thompson said LevelTen Energy brings this capability, enabling ABB to expand its growing energy and carbon advisory services portfolio with renewable energy procurement expertise.

He added that the partnership will help customers move from planning and implementation into ongoing optimisation and reporting.

ABB said the collaboration is particularly relevant as regulatory requirements continue to evolve.

More companies are moving beyond annual renewable energy matching toward stricter expectations around when and where clean energy is generated and consumed.

These customers increasingly depend on technologies such as battery energy storage systems, microgrids and advanced energy management solutions.

ABB said these are areas where it has extensive expertise.

LevelTen Energy’s capabilities in clean energy contracting and environmental attribute certificate trading complement ABB’s technology portfolio, helping customers build more comprehensive and verifiable decarbonisation strategies.

Thompson said the partnership is expected to accelerate growth opportunities for both companies.

ABB will gain access to LevelTen Energy’s ecosystem of clean energy developers and projects, creating new opportunities to deliver monitoring, optimisation and lifecycle services.

At the same time, LevelTen Energy is expected to benefit from ABB’s domain expertise and global customer relationships, particularly in manufacturing, industrial and commercial sectors.

ABB also highlighted its strong presence in growth markets, including Asia-Pacific, as an area of potential value for the partnership.

Bryce Smith, Chief Executive Officer of LevelTen Energy, said the strategic partnership will create new clean energy solutions and allow ABB’s global customers to access clean power, capacity and portfolio management tools more easily.

He said the two companies have an opportunity to help more customers decarbonise.

ABB said its investment in LevelTen Energy reflects its commitment to building an ecosystem of innovative partners that can help customers navigate an increasingly complex energy landscape.

Together with recent investments such as Gridcog, the company is expanding its capabilities across energy procurement, advisory services, and energy and carbon solutions.

The investment was made through ABB Electrification Ventures, the venture capital arm of ABB’s Electrification business area.

ABB said the transaction supports its broader strategy of backing companies that develop solutions improving productivity, efficiency and sustainability.

Since 2021, ABB Electrification Ventures has invested more than US $110 million in 18 start-ups.

ABB Electrification Ventures is part of ABB Ventures, the group-wide venture capital investment framework.

Since its formation in 2010, ABB Ventures has invested more than US $500 million in start-ups aligned with ABB’s electrification, automation and motion portfolio.

ABB is a global technology company focused on electrification and automation.

The company combines engineering and digitalisation expertise to help industries improve performance, efficiency, productivity and sustainability.

ABB has more than 140 years of history and around 110,000 employees worldwide.

The company’s shares are listed on the SIX Swiss Exchange and Nasdaq Stockholm.

LevelTen Energy was founded in 2016 and operates the world’s largest clean energy deal platform.

The company connects utility-scale energy buyers and sellers and provides transaction infrastructure, market intelligence and tools designed to help customers find, analyse and close clean energy deals more efficiently.

The LevelTen Marketplace supports multiple transaction types, including power purchase agreements, capacity, powered land, energy attribute certificates, energy storage agreements and granular certificates.

Through the strategic partnership, ABB and LevelTen Energy aim to support industrial and commercial customers as they pursue more reliable, transparent and scalable approaches to clean energy procurement and decarbonisation.

ABB is a global technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. By connecting its engineering and digitalization expertise, ABB helps industries run at high performance, while becoming more efficient, productive and sustainable so they outperform. At ABB, we call this ‘Engineered to Outrun’. The company has over 140 years of history and around 110,000 employees worldwide. ABB’s shares are listed on the SIX Swiss Exchange (ABBN) and Nasdaq Stockholm (ABB). www.abb.com

LevelTen Energy is the world’s largest clean energy deal platform. Founded in 2016, LevelTen connects utility-scale energy buyers and sellers, and helps them find, analyze, and close deals faster. Through its transaction infrastructure, which comprises the world’s largest clean energy marketplace, cutting-edge transaction tools, and the industry’s most trusted market intelligence suite, LevelTen delivers efficient deals and gigawatts of clean energy to the grid. Operating across 35+ markets in North America and Europe, the LevelTen Marketplace supports a full range of transaction types, including power purchase agreements, capacity, powered land, energy attribute certificates, energy storage agreements, and granular certificates. LevelTen’s market intelligence software and reports bring unmatched transparency to energy markets. Learn more at leveltenenergy.com.

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SOURCE: ABB