From origination to long-term ownership.
A chronological view of project-company formation, development, ownership transitions and later milestones.
PHENDHEY LING / PRAGUE SCROLL TO EXPLORE
A record built across ownership periods.
The timeline separates PHENDHEY’s direct ownership from the later development of projects under subsequent structures.
The work continues beyond a transaction.
Each entry keeps the PHENDHEY ownership period distinct from the project’s later milestones and current context.
2021
FOUNDATION
PHENDHEY LING established in Prague
The holding is incorporated and PDL Project enters the direct portfolio.
2022
PROJECT START
Březno, Tušimice and Předlice project vehicles
PHENDHEY expands its direct portfolio with multiple solar, energy and heat/CHP-related project companies.
2023
EXPANSION
Wind, grid and storage-lineage SPVs
New direct holdings include PDL Transformation, VTE Kunov, FVE Sever alfa/beta, reclamation-site solar vehicles and FVE Údlice.
2023
TRANSACTION
PEL Teplo transitions to CENTROPOL
A selected former PHENDHEY project company moves to a major Czech energy group.
2024
PORTFOLIO
New JMK wind-development vehicles
VTE JMK 1, VTE JMK 2 and VTE JMK 3 enter the current direct portfolio.
2024
PUBLIC RECORD
VTE Kunov enters OP TAK wind selection process
The official selection record later lists CZK 571.482m and recommends the project for financing subject to conditions.
2025
CONSTRUCTION
R-SAH 400 kV portal construction begins
ADI reports construction with PDL Transformation on the first private 110/400 kV substation of its type connected directly to the Czech transmission grid.
2025
FUNDING
Former solar SPVs reach Modernisation Fund milestones
FVE Březno alfa, FVE rekultivace and FVE Údlice appear in official later-stage funding records totalling more than CZK 655m.
2026
PERMITTING
FVE Údlice receives a permitted change adding BESS
A DESÚ decision dated 16 January permits a subsequent-stage design update with 75,372 PV panels, two BESS transformer containers and six battery containers.
2026
PERMITTING
Tušimice storage reaches construction-permit stage
FVE Sever alfa and beta later-stage BESS projects are reported at more than 200 MW / 400 MWh combined.
2026
TRANSACTION
PDL Předlice acquired by CENTROPOL
Glatzová & Co. describes the former PHENDHEY project vehicle as owning a ready-to-build natural-gas power plant project.
2026
CONSTRUCTION
PEL Teplo lineage reaches late-stage construction
Transaction counsel and contractor updates describe the earlier CENTROPOL-acquired project progressing through construction, with four CHP units referenced by GENTEC.
2026
SCALE-UP
Sahara / Tušimice build-out reaches a new public scale
Current ADI material describes the broader Sahara storage programme at 400 MW / 800 MWh, with potential up to 1,600 MWh, while Second Foundation reports the first 70 containers representing 100 MW already on site.
2026
FINANCING
FVE Sever alfa receives bank-security milestone under later ownership
An August 2026 Commercial Gazette filing records BESS Tušimice Holding as 100% owner and a pledge over the share in favour of Česká spořitelna.
Selected companies. Different routes forward.
These examples show how project companies can remain in the holding, move to a strategic owner or continue within a later-stage energy platform.