28 May 2021 | 08:00am StockMarketWire.com - Natural resource company Corcel said it had bought the exclusive rights over the acquisition of the Avonmouth 50MW gas peaking project outside of Bristol from FPC Electric Land for £144,000. Under the terms of the deal, the company paid an initial £72,000 and a further £72,000 would be payable at financial close as well as agreement with EL on a 30-year project land lease. 'Corcel also receives exclusivity over an additional 15MW grid connection and associated land at the site, giving it the rights to take on the connection for use in a potential generation or battery project on similar terms,' the company said.