<ARTICLE> UT <CIK> 0000880416 <NAME>NORTH ATLANTIC ENERGY CORPORATION <MULTIPLIER>1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> SEP-30-1999 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 584,532 <OTHER-PROPERTY-AND-INVEST> 41,121 <TOTAL-CURRENT-ASSETS> 72,033 <TOTAL-DEFERRED-CHARGES> 148,108 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 845,794 <COMMON> 1 <CAPITAL-SURPLUS-PAID-IN> 160,999 <RETAINED-EARNINGS> 12,342 <TOTAL-COMMON-STOCKHOLDERS-EQ> 173,342 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <LONG-TERM-DEBT-NET> 335,000 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 70,000 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 267,452 <TOT-CAPITALIZATION-AND-LIAB> 845,794 <GROSS-OPERATING-REVENUE> 217,271 <INCOME-TAX-EXPENSE> 14,284 <OTHER-OPERATING-EXPENSES> 154,201 <TOTAL-OPERATING-EXPENSES> 180,371 <OPERATING-INCOME-LOSS> 36,900 <OTHER-INCOME-NET> (2,083) <INCOME-BEFORE-INTEREST-EXPEN> 46,703 <TOTAL-INTEREST-EXPENSE> 27,557 <NET-INCOME> 19,146 <PREFERRED-STOCK-DIVIDENDS> 0 <EARNINGS-AVAILABLE-FOR-COMM> 19,146 <COMMON-STOCK-DIVIDENDS> 50,000 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 145,295 <EPS-BASIC> 0.00 <EPS-DILUTED> 0.00