<ARTICLE> UT
<CIK> 0000050217
<NAME> INDIANAPOLIS POWER & LIGHT COMPANY
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-END>                               SEP-30-2000
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                    1,713,317
<OTHER-PROPERTY-AND-INVEST>                      5,673
<TOTAL-CURRENT-ASSETS>                         142,973
<TOTAL-DEFERRED-CHARGES>                       105,859
<OTHER-ASSETS>                                       0
<TOTAL-ASSETS>                               1,967,822
<COMMON>                                       324,537
<CAPITAL-SURPLUS-PAID-IN>                            0
<RETAINED-EARNINGS>                            450,516
<TOTAL-COMMON-STOCKHOLDERS-EQ>                 777,695
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                     59,135
<LONG-TERM-DEBT-NET>                           627,998
<SHORT-TERM-NOTES>                                   0
<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>                 502,994
<TOT-CAPITALIZATION-AND-LIAB>                1,967,822
<GROSS-OPERATING-REVENUE>                      640,509
<INCOME-TAX-EXPENSE>                            67,904
<OTHER-OPERATING-EXPENSES>                     437,709
<TOTAL-OPERATING-EXPENSES>                     505,613
<OPERATING-INCOME-LOSS>                        134,896
<OTHER-INCOME-NET>                            (13,039)
<INCOME-BEFORE-INTEREST-EXPEN>                 121,857
<TOTAL-INTEREST-EXPENSE>                        30,156
<NET-INCOME>                                    91,701
<PREFERRED-STOCK-DIVIDENDS>                      2,410
<EARNINGS-AVAILABLE-FOR-COMM>                   89,291
<COMMON-STOCK-DIVIDENDS>                        85,712
<TOTAL-INTEREST-ON-BONDS>                            0
<CASH-FLOW-OPERATIONS>                         190,192
<EPS-BASIC>                                          0
<EPS-DILUTED>                                        0