<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF GREAT BAY POWER CORPORATION FOR THE TWELVE MONTHS ENDED
DECEMBER 31, 1995 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               DEC-31-1995
<EXCHANGE-RATE>                                      1
<CASH>                                           8,874
<SECURITIES>                                     7,595
<RECEIVABLES>                                    1,535
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                23,483
<PP&E>                                         114,621
<DEPRECIATION>                                   3,339
<TOTAL-ASSETS>                                 138,771
<CURRENT-LIABILITIES>                            2,967
<BONDS>                                              0
<COMMON>                                            80
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                      82,153
<TOTAL-LIABILITY-AND-EQUITY>                   138,771
<SALES>                                         24,524
<TOTAL-REVENUES>                                24,524
<CGS>                                           21,849
<TOTAL-COSTS>                                   32,381
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                (6,113)
<INCOME-TAX>                                      (54)
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   (6,059)
<EPS-PRIMARY>                                    (.76)
<EPS-DILUTED>                                    (.76)