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ABB partners with LevelTen Energy and takes minority stake

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ABB is drawing renewed attention after announcing a partnership and minority investment in LevelTen Energy to link its electrification and energy management tools more closely to global clean energy procurement. The deal follows strong share-price momentum and comes as ABB trades slightly above an estimated fair value, with a record $25 billion order backlog and ongoing multi-year service contracts supporting medium-term visibility.

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