<ARTICLE> 5 <LEGEND> </LEGEND> <CIK> 0001059025 <NAME> Northeast Energy, LP <MULTIPLIER> 1,000 <CURRENCY> U.S. Dollars <PERIOD-TYPE> YEAR 3-MOS <FISCAL-YEAR-END> DEC-31-1997 MAR-31-1998 <PERIOD-START> JAN-01-1997 JAN-01-1998 <PERIOD-END> DEC-31-1997 MAR-31-1998 <EXCHANGE-RATE> 1.000 1.000 <CASH> 0 61,611 <SECURITIES> 0 0 <RECEIVABLES> 0 41,964 <ALLOWANCES> 0 0 <INVENTORY> 0 1,452 <CURRENT-ASSETS> 0 105,911 <PP&E> 0 513,051 <DEPRECIATION> 0 4,685 <TOTAL-ASSETS> 0 1,498,932 <CURRENT-LIABILITIES> 0 56,619 <BONDS> 0 710,287 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 0 0 <OTHER-SE> 0 235,416 <TOTAL-LIABILITY-AND-EQUITY> 0 1,498,932 <SALES> 0 74,739 <TOTAL-REVENUES> 0 74,739 <CGS> 0 29,517 <TOTAL-COSTS> 0 51,931 <OTHER-EXPENSES> 0 22,414 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 0 15,763 <INCOME-PRETAX> 0 7,626 <INCOME-TAX> 0 0 <INCOME-CONTINUING> 0 7,626 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 0 7,626 <EPS-PRIMARY> 0,000 0 <EPS-DILUTED> 0,000 0