<ARTICLE> UT <CIK> 0000880416 <NAME>NORTH ATLANTIC ENERGY CORPORATION <MULTIPLIER>1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> MAR-31-1995 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 711,296 <OTHER-PROPERTY-AND-INVEST> 11,757 <TOTAL-CURRENT-ASSETS> 62,954 <TOTAL-DEFERRED-CHARGES> 189,948 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 975,955 <COMMON> 1 <CAPITAL-SURPLUS-PAID-IN> 160,999 <RETAINED-EARNINGS> 60,738 <TOTAL-COMMON-STOCKHOLDERS-EQ> 221,738 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <LONG-TERM-DEBT-NET> 540,000 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 20,000 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 194,217 <TOT-CAPITALIZATION-AND-LIAB> 975,955 <GROSS-OPERATING-REVENUE> 33,984 <INCOME-TAX-EXPENSE> 1,263 <OTHER-OPERATING-EXPENSES> 20,866 <TOTAL-OPERATING-EXPENSES> 23,010 <OPERATING-INCOME-LOSS> 10,974 <OTHER-INCOME-NET> 3,710 <INCOME-BEFORE-INTEREST-EXPEN> 15,565 <TOTAL-INTEREST-EXPENSE> 8,064 <NET-INCOME> 7,501 <PREFERRED-STOCK-DIVIDENDS> 0 <EARNINGS-AVAILABLE-FOR-COMM> 7,501 <COMMON-STOCK-DIVIDENDS> 6,000 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 6,303 <EPS-PRIMARY> 0.00 <EPS-DILUTED> 0.00