<TABLE> <S> <C>
<ARTICLE> UT
<CIK> 0000728391
<NAME> IPALCO ENTERPRISES, INC.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 1,742,603
<OTHER-PROPERTY-AND-INVEST> 83,325
<TOTAL-CURRENT-ASSETS> 167,209
<TOTAL-DEFERRED-CHARGES> 112,365
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 2,105,502
<COMMON> 439,234
<CAPITAL-SURPLUS-PAID-IN> 0
<RETAINED-EARNINGS> 783,904
<TOTAL-COMMON-STOCKHOLDERS-EQ> 665,486
0
59,135
<LONG-TERM-DEBT-NET> 789,532
<SHORT-TERM-NOTES> 6,000
<LONG-TERM-NOTES-PAYABLE> 0
<COMMERCIAL-PAPER-OBLIGATIONS> 0
<LONG-TERM-DEBT-CURRENT-PORT> 34,431
0
<CAPITAL-LEASE-OBLIGATIONS> 0
<LEASES-CURRENT> 0
<OTHER-ITEMS-CAPITAL-AND-LIAB> 550,918
<TOT-CAPITALIZATION-AND-LIAB> 2,105,502
<GROSS-OPERATING-REVENUE> 415,789
<INCOME-TAX-EXPENSE> 41,987
<OTHER-OPERATING-EXPENSES> 283,848
<TOTAL-OPERATING-EXPENSES> 325,835
<OPERATING-INCOME-LOSS> 89,954
<OTHER-INCOME-NET> 61,793
<INCOME-BEFORE-INTEREST-EXPEN> 151,747
<TOTAL-INTEREST-EXPENSE> 30,440
<NET-INCOME> 121,307
1,607
<EARNINGS-AVAILABLE-FOR-COMM> 121,307
<COMMON-STOCK-DIVIDENDS> 26,786
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> 103,957
<EPS-BASIC> 1.42
<EPS-DILUTED> 1.40
</TABLE>