<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF LSP-WHITEWATER LIMITED PARTNERSHIP AS OF AND FOR THE
THREE MONTH AND SIX MONTH PERIOD ENDED JUNE 30, 1998 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               JUN-30-1998
<CASH>                                          14,383
<SECURITIES>                                         0
<RECEIVABLES>                                    5,694
<ALLOWANCES>                                         0
<INVENTORY>                                        884
<CURRENT-ASSETS>                                21,746
<PP&E>                                           8,304
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                 299,074
<CURRENT-LIABILITIES>                            9,124
<BONDS>                                        177,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                     112,950
<TOTAL-LIABILITY-AND-EQUITY>                         0
<SALES>                                            736
<TOTAL-REVENUES>                                26,118
<CGS>                                                0
<TOTAL-COSTS>                                   14,320
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               7,034
<INCOME-PRETAX>                                      0
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     4,764
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0