<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF LSP-WHITEWATER LIMITED PARTNERSHIP 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>                                          14,039 
<SECURITIES>                                         0 
<RECEIVABLES>                                    6,038 
<ALLOWANCES>                                         0 
<INVENTORY>                                      1,009 
<CURRENT-ASSETS>                                21,873 
<PP&E>                                           8,697 
<DEPRECIATION>                                     632 
<TOTAL-ASSETS>                                 306,267 
<CURRENT-LIABILITIES>                           12,913 
<BONDS>                                        177,000 
<PREFERRED-MANDATORY>                                0 
<PREFERRED>                                          0 
<COMMON>                                             0 
<OTHER-SE>                                     116,354 
<TOTAL-LIABILITY-AND-EQUITY>                   306,267 
<SALES>                                              0 
<TOTAL-REVENUES>                                12,760 
<CGS>                                                0 
<TOTAL-COSTS>                                    6,988 
<OTHER-EXPENSES>                                     0 
<LOSS-PROVISION>                                     0 
<INTEREST-EXPENSE>                               3,533 
<INCOME-PRETAX>                                      0 
<INCOME-TAX>                                         0 
<INCOME-CONTINUING>                                  0 
<DISCONTINUED>                                       0 
<EXTRAORDINARY>                                      0 
<CHANGES>                                            0 
<NET-INCOME>                                     2,239 
<EPS-PRIMARY>                                        0 
<EPS-DILUTED>                                        0