<ARTICLE>                      5
<LEGEND>
This schedule contains summary financial information extracted from the 
combined balance sheet as of December 31, 1998 and the combined statement of 
operations for the period January 14, 1998 to December 31, 1998 of Northeast 
Energy Associates, A Limited Partnership and North Jersey Energy Associates, 
A Limited Partnership and is qualified in its entirety by reference to such 
financial statements.

<CIK>                          0000934667
<NAME>                         Northeast Energy Associates,
                               A Limited Partnership
<MULTIPLIER>                   1,000
<CURRENCY>                     U.S. DOLLARS
<PERIOD-START>                 JAN-14-1998
<PERIOD-TYPE>                  OTHER
<FISCAL-YEAR-END>              DEC-31-1998
<PERIOD-END>                   DEC-31-1998
<EXCHANGE-RATE>                1
<CASH>                           $35,152
<SECURITIES>                          $0
<RECEIVABLES>                    $29,746
<ALLOWANCES>                          $0
<INVENTORY>                       $4,935
<CURRENT-ASSETS>                 $70,239
<PP&E>                          $513,553
<DEPRECIATION>                   $20,987
<TOTAL-ASSETS>                $1,403,045
<CURRENT-LIABILITIES>            $45,896
<BONDS>                         $445,213
<PREFERRED-MANDATORY>                 $0
<PREFERRED>                           $0
<COMMON>                              $0
<OTHER-SE>                      $425,153
<TOTAL-LIABILITY-AND-EQUITY>  $1,403,045
<SALES>                         $302,693
<TOTAL-REVENUES>                $302,693
<CGS>                                 $0
<TOTAL-COSTS>                   $204,937
<OTHER-EXPENSES>                  $6,602
<LOSS-PROVISION>                      $0
<INTEREST-EXPENSE>               $61,154
<INCOME-PRETAX>                  $30,000
<INCOME-TAX>                          $0
<INCOME-CONTINUING>              $30,000
<DISCONTINUED>                        $0
<EXTRAORDINARY>                       $0
<CHANGES>                             $0
<NET-INCOME>                     $30,000
<EPS-PRIMARY>                         $0
<EPS-DILUTED>                         $0