<ARTICLE> UT <CIK> 0000880416 <NAME>NORTH ATLANTIC ENERGY CORPORATION <MULTIPLIER>1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> DEC-31-1995 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 707,120 <OTHER-PROPERTY-AND-INVEST> 15,534 <TOTAL-CURRENT-ASSETS> 46,002 <TOTAL-DEFERRED-CHARGES> 245,993 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1,014,649 <COMMON> 1 <CAPITAL-SURPLUS-PAID-IN> 160,999 <RETAINED-EARNINGS> 59,677 <TOTAL-COMMON-STOCKHOLDERS-EQ> 220,677 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <LONG-TERM-DEBT-NET> 540,000 <SHORT-TERM-NOTES> 8,000 <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> 225,972 <TOT-CAPITALIZATION-AND-LIAB> 1,014,649 <GROSS-OPERATING-REVENUE> 157,183 <INCOME-TAX-EXPENSE> 7,411 <OTHER-OPERATING-EXPENSES> 95,602 <TOTAL-OPERATING-EXPENSES> 105,789 <OPERATING-INCOME-LOSS> 51,394 <OTHER-INCOME-NET> 10,961 <INCOME-BEFORE-INTEREST-EXPEN> 65,131 <TOTAL-INTEREST-EXPENSE> 40,690 <NET-INCOME> 24,441 <PREFERRED-STOCK-DIVIDENDS> 0 <EARNINGS-AVAILABLE-FOR-COMM> 24,441 <COMMON-STOCK-DIVIDENDS> 24,000 <TOTAL-INTEREST-ON-BONDS> 62,721 <CASH-FLOW-OPERATIONS> 17,307 <EPS-PRIMARY> 0.00 <EPS-DILUTED> 0.00