ABB, Schneider bid for up to $700 mln China cleantech asset-sources

HONG KONG, June 6 (Reuters) - Global engineering companies ABB Ltd and Schneider Electric are among second-round bidders for a private equity-owned China cleantech asset that could fetch as much as $700 million, three sources familiar with the matter said.

The sources said ABB and Schneider were among bidders for Beijing Leader & Harvest Technologies Co, an asset which has drawn strong interest from around six global and local buyers in the second round. Beijing Leader is owned by private equity firms Affinity Equity Partners and Unitas Capital.

The sources declined to be named because the discussions were private.

Deutsche Bank (DBKGn.DE) is running a dual-track sale and IPO process for Beijing Leader, which makes energy-saving devices for heavy equipment.

ABB, Affinity, Deutsche and Unitas declined to comment. Schneider did not return calls requesting comment. (Reporting by Stephen Aldred; Editing by Denny Thomas and Muralikumar Anantharaman)