<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE
SHEETS AND STATEMENTS OF OPERATIONS OF LSP-WHITEWATER LIMITED PARTNERSHIP AS OF
AND FOR THE PERIOD ENDED DECEMBER 31, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               DEC-31-1997
<CASH>                                           7,749
<SECURITIES>                                         0
<RECEIVABLES>                                    7,178
<ALLOWANCES>                                         0
<INVENTORY>                                      1,793
<CURRENT-ASSETS>                                17,402
<PP&E>                                           8,393
<DEPRECIATION>                                     112
<TOTAL-ASSETS>                                 308,115
<CURRENT-LIABILITIES>                           11,556
<BONDS>                                        177,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                     119,559
<TOTAL-LIABILITY-AND-EQUITY>                   308,115
<SALES>                                         13,348
<TOTAL-REVENUES>                                13,348
<CGS>                                            7,747
<TOTAL-COSTS>                                    7,747
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               4,024
<INCOME-PRETAX>                                 99,002
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                             99,002
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    99,002
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0