<ARTICLE> 5 <LEGEND> (Replace this text with the legend) </LEGEND> <CIK> 0000807708 <NAME> KENETECH CORPORATION <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 9-mos <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-1-1998 <PERIOD-END> SEP-30-1998 <EXCHANGE-RATE> 1 <CASH> 10,535 <SECURITIES> 0 <RECEIVABLES> 1,396 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 69,146 <PP&E> 729 <DEPRECIATION> 682 <TOTAL-ASSETS> 69,193 <CURRENT-LIABILITIES> 198,462 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 4 <OTHER-SE> (150,653) <TOTAL-LIABILITY-AND-EQUITY> 69,193 <SALES> 4,854 <TOTAL-REVENUES> 4,854 <CGS> 4,761 <TOTAL-COSTS> 4,761 <OTHER-EXPENSES> (3,593) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (12,924) <INCOME-PRETAX> (15,725) <INCOME-TAX> 0 <INCOME-CONTINUING> (15,725) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (15,725) <EPS-PRIMARY> (0.48) <EPS-DILUTED> (0.48)