Microsoft has abandoned some data center projects, industry analyst says, not citing individual projects including Wisconsin.

Microsoft has abandoned data center projects set to use 2 gigawatts of electricity in the U.S. and Europe in the last six months due to an oversupply relative to its current demand forecast, TD Cowen analysts said on Wednesday.

Over the last six months, Microsoft has “walked away” from pending data center leases with third-party developers in the U.S. and Europe totaling 2 gigawatts of capacity, TD Cowen analysts wrote in a note on Wednesday. The note said Microsoft has also “deferred and canceled existing data center leases” in the two regions in just the past month.