Update : Burwell Battery Storage Project
Corcel PLC
("Corcel" or the "Company")
Update : Burwell Battery Storage Project
16 September 2021
Corcel Plc, ("Corcel" or "the Company"), the natural resource exploration and development company with interests in battery metals and flexible energy generation and storage, announces that, further to the announcement on 5th May 2021, Corcel has been notified that the freehold of the Burwell industrial site at 70 Reach Road has now been sold to an investment company.
The site constitutes an existing brownfield industrial development as well as an adjacent plot where the Company intends to construct a 50MW battery energy storage system. Discussions with the new site owners are underway and the Company will make further updates as appropriate.
For further information, please contact :
Scott Kaintz 020 7747 9960 Corcel Plc CEO
James Joyce / Andrew de Andrade 0207 220 1666 WH Ireland Ltd NOMAD & Broker
Simon Woods 0207 3900 230 Vigo Communications IR
This announcement contains inside information under Article 7 of Regulation (EU) 596/2014 .
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