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Tory Treasurer's Offshore Company Behind Major Data Centre Proposal

Tory Treasurer's Offshore Company Behind Major Data Centre Proposal

First seen 11 Oct 2026, 13:28 UTC • •

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ThreatCluster AI
ThreatCluster •October 12, 2026 at 00:02 UTC
  • •CX Tech Limited plans a 1,000 MW data centre at Chapelcross, potentially funded by taxpayers.
  • •Graham Edwards, Tory treasurer, owns CX Tech through a Caribbean tax haven structure.
  • •Local MSPs criticize the financial ties between Tory donors and data centre projects.

CX Tech Limited, owned by Tory treasurer Graham Edwards through a Caribbean tax haven, has submitted plans for a 1,000 megawatt data centre at the former Chapelcross nuclear plant in Dumfriesshire. The project could receive up to £23 million in taxpayer support. Edwards, who has donated over £6 million to the Conservative party since 2018, faced controversy for previously using a tax avoidance scheme. Critics argue that the financial structure obscures who benefits from the data centre's profits. CX Tech claims no political connections, while Edwards insists his political activities are separate from the company. This proposal is part of a broader trend of data centres linked to Tory donors in Scotland, raising concerns among local MSPs about the implications for residents.

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Timeline

2026-10-11
CX Tech submits data centre plans
CX Tech Limited lodged plans for a 1,000 MW data centre at Chapelcross, potentially benefiting from £23 million in taxpayer support.
Theferret.Scot

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Common questions

Who owns CX Tech Limited?
CX Tech Limited is owned by Graham Edwards, the treasurer of the UK Conservative party, through a holding company registered in the British Virgin Islands.
What is the potential taxpayer impact?
The data centre project could receive up to £23 million in taxpayer support, raising concerns about financial transparency.
What are the local political reactions?
Local MSPs have criticized the proposal, calling it disrespectful to residents and highlighting the financial ties to Tory donors.