<ARTICLE> UT <CIK> 0000880416 <NAME>NORTH ATLANTIC ENERGY CORPORATION <MULTIPLIER>1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> DEC-31-1999 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 571,201 <OTHER-PROPERTY-AND-INVEST> 43,667 <TOTAL-CURRENT-ASSETS> 105,818 <TOTAL-DEFERRED-CHARGES> 131,421 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 852,107 <COMMON> 1 <CAPITAL-SURPLUS-PAID-IN> 160,999 <RETAINED-EARNINGS> 12,752 <TOTAL-COMMON-STOCKHOLDERS-EQ> 173,752 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <LONG-TERM-DEBT-NET> 135,000 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 270,000 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 273,355 <TOT-CAPITALIZATION-AND-LIAB> 852,107 <GROSS-OPERATING-REVENUE> 287,369 <INCOME-TAX-EXPENSE> 15,723 <OTHER-OPERATING-EXPENSES> 202,787 <TOTAL-OPERATING-EXPENSES> 237,641 <OPERATING-INCOME-LOSS> 49,728 <OTHER-INCOME-NET> (3,015) <INCOME-BEFORE-INTEREST-EXPEN> 65,844 <TOTAL-INTEREST-EXPENSE> 36,288 <NET-INCOME> 29,556 <PREFERRED-STOCK-DIVIDENDS> 0 <EARNINGS-AVAILABLE-FOR-COMM> 29,556 <COMMON-STOCK-DIVIDENDS> 60,000 <TOTAL-INTEREST-ON-BONDS> 45,297 <CASH-FLOW-OPERATIONS> 181,392 <EPS-BASIC> 0.00 <EPS-DILUTED> 0.00