<TABLE> <S> <C>
<ARTICLE> UT
<CIK> 0000728391
<NAME> IPALCO ENTERPRISES, INC.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> SEP-30-2000
<BOOK-VALUE> PER-BOOK
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<OTHER-PROPERTY-AND-INVEST> 82,874
<TOTAL-CURRENT-ASSETS> 169,805
<TOTAL-DEFERRED-CHARGES> 109,966
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 2,094,948
<COMMON> 447,053
<CAPITAL-SURPLUS-PAID-IN> 0
<RETAINED-EARNINGS> 799,645
<TOTAL-COMMON-STOCKHOLDERS-EQ> 724,196
0
59,135
<LONG-TERM-DEBT-NET> 783,495
<SHORT-TERM-NOTES> 4,000
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<COMMERCIAL-PAPER-OBLIGATIONS> 0
<LONG-TERM-DEBT-CURRENT-PORT> 3,577
0
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<INCOME-TAX-EXPENSE> 67,904
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<OPERATING-INCOME-LOSS> 134,896
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2,410
<EARNINGS-AVAILABLE-FOR-COMM> 151,352
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<TOTAL-INTEREST-ON-BONDS> 0
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<EPS-BASIC> 1.76
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</TABLE>
