<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED BALANCE SHEETS AND CONSOLIDATED STATEMENTS OF OPERATIONS FOUND ON PAGES 3 AND 4 OF THE PARTNERSHIP'S FORM 10Q FOR THE YEAR-TO-DATE, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0000899281 <NAME> SITHE/INDEPENDENCE FUNDING CORP. <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> MAR-31-1999 <CASH> 1,468 <SECURITIES> 0 <RECEIVABLES> 38,632 <ALLOWANCES> 0 <INVENTORY> 3,892 <CURRENT-ASSETS> 143,048 <PP&E> 780,164 <DEPRECIATION> (82,008) <TOTAL-ASSETS> 855,448 <CURRENT-LIABILITIES> 70,562 <BONDS> 641,934 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 137,067 <TOTAL-LIABILITY-AND-EQUITY> 855,448 <SALES> 111,362 <TOTAL-REVENUES> 111,362 <CGS> 78,808 <TOTAL-COSTS> 78,808 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 15,132 <INCOME-PRETAX> 18,535 <INCOME-TAX> 0 <INCOME-CONTINUING> 18,535 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 18,535 <EPS-PRIMARY> 0 <EPS-DILUTED> 0