<ARTICLE>                                  OPUR1
<LEGEND>
THIS  SCHEDULE  CONTAINS  SUMMARY  FINANCIAL   INFORMATION  EXTRACTED  FROM  THE
CONSOLIDATED BALANCE SHEETS,  CONSOLIDATED STATEMENTS OF INCOME AND CONSOLIDATED
STATEMENTS  OF CASH FLOWS AND IS  QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.


  <NUMBER>                                 5
  <NAME>                                   CINERGY INVESTMENTS, INC.
<MULTIPLIER>                                                           1,000

                                                        
<PERIOD-TYPE>                                              12-MOS
<FISCAL-YEAR-END>                                          DEC-31-1999
<PERIOD-START>                                             JAN-01-1999
<PERIOD-END>                                               DEC-31-1999
<BOOK-VALUE>                                               PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                                                  0
<OTHER-PROPERTY-AND-INVEST>                                          282,061
<TOTAL-CURRENT-ASSETS>                                               178,743
<TOTAL-DEFERRED-CHARGES>                                                   0
<OTHER-ASSETS>                                                       104,090
<TOTAL-ASSETS>                                                       564,894
<COMMON>                                                                   0
<CAPITAL-SURPLUS-PAID-IN>                                            628,721
<RETAINED-EARNINGS>                                                 (565,886)
<TOTAL-COMMON-STOCKHOLDERS-EQ>                                        62,835
<PREFERRED-MANDATORY>                                                      0
<PREFERRED>                                                                0
<LONG-TERM-DEBT-NET>                                                       0
<SHORT-TERM-NOTES>                                                    20,000
<LONG-TERM-NOTES-PAYABLE>                                                  0
<COMMERCIAL-PAPER-OBLIGATIONS>                                             0
<LONG-TERM-DEBT-CURRENT-PORT>                                              0
<PREFERRED-STOCK-CURRENT>                                                  0
<CAPITAL-LEASE-OBLIGATIONS>                                                0
<LEASES-CURRENT>                                                           0
<OTHER-ITEMS-CAPITAL-AND-LIAB>                                       482,059
<TOT-CAPITALIZATION-AND-LIAB>                                        564,894
<GROSS-OPERATING-REVENUE>                                          1,272,999
<INCOME-TAX-EXPENSE>                                                 (25,118)
<OTHER-OPERATING-EXPENSES>                                         1,309,413
<TOTAL-OPERATING-EXPENSES>                                         1,284,295
<OPERATING-INCOME-LOSS>                                              (11,296)
<OTHER-INCOME-NET>                                                    (3,944)
<INCOME-BEFORE-INTEREST-EXPEN>                                       (15,240)
<TOTAL-INTEREST-EXPENSE>                                               4,458
<NET-INCOME>                                                         (19,698)
<PREFERRED-STOCK-DIVIDENDS>                                                0
<EARNINGS-AVAILABLE-FOR-COMM>                                        (19,698)
<COMMON-STOCK-DIVIDENDS>                                                   0
<TOTAL-INTEREST-ON-BONDS>                                                  0
<CASH-FLOW-OPERATIONS>                                               282,587
<EPS-BASIC>                                                           0.00
<EPS-DILUTED>                                                           0.00