<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE 
CONSOLIDATED BALANCE SHEET AND CONSOLIDATED STATEMENT OF OPERATIONS OF THE 
MIDLAND COGENERATION VENTURE FOR THE QUARTER ENDED MARCH 31, 1999 AND IS 
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               MAR-31-1999
<CASH>                                         181,333
<SECURITIES>                                   138,918
<RECEIVABLES>                                   93,786
<ALLOWANCES>                                         0
<INVENTORY>                                      8,238
<CURRENT-ASSETS>                               326,660
<PP&E>                                       2,418,332
<DEPRECIATION>                                 655,112
<TOTAL-ASSETS>                               2,255,919
<CURRENT-LIABILITIES>                          210,293
<BONDS>                                      1,663,174
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                     381,371
<TOTAL-LIABILITY-AND-EQUITY>                 2,255,919
<SALES>                                              0
<TOTAL-REVENUES>                               158,123
<CGS>                                                0
<TOTAL-COSTS>                                   99,630
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              39,100
<INCOME-PRETAX>                                      0
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    23,823
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0