WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

  

<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF LSP-COTTAGE GROVE, L.P. AS OF AND FOR THE 3 MONTHS
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>                                            14,632 
<SECURITIES>                                           0 
<RECEIVABLES>                                      5,312 
<ALLOWANCES>                                           0 
<INVENTORY>                                          929 
<CURRENT-ASSETS>                                  21,110 
<PP&E>                                                 0 
<DEPRECIATION>                                         0 
<TOTAL-ASSETS>                                   269,711 
<CURRENT-LIABILITIES>                             10,611
<BONDS>                                          155,000 
<PREFERRED-MANDATORY>                                  0 
<PREFERRED>                                            0 
<COMMON>                                               0 
<OTHER-SE>                                       104,100 
<TOTAL-LIABILITY-AND-EQUITY>                     269,711 
<SALES>                                                0 
<TOTAL-REVENUES>                                  12,415 
<CGS>                                                  0 
<TOTAL-COSTS>                                      7,203 
<OTHER-EXPENSES>                                       0 
<LOSS-PROVISION>                                       0 
<INTEREST-EXPENSE>                                 3,096 
<INCOME-PRETAX>                                        0 
<INCOME-TAX>                                           0 
<INCOME-CONTINUING>                                    0 
<DISCONTINUED>                                         0 
<EXTRAORDINARY>                                        0 
<CHANGES>                                              0 
<NET-INCOME>                                       2,116 
<EPS-PRIMARY>                                          0 
<EPS-DILUTED>                                          0