8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  June 23, 2005

THE AES CORPORATION

(Exact name of registrant as specified in its charter)

Delaware	1-12291	54-1163725
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification Number)
4300 Wilson Boulevard, Suite 1100, Arlington, Virginia		22203
(Address of principal executive offices)		(zip code)

Registrant’s telephone number, including area code: (703) 522-1315

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.):

oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02  Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

On June 23, 2005, the AES Corporation announced that Barry Sharp will resign from his position as Executive Vice President and Chief Financial Officer by the end of this year.  The news release is attached hereto as Exhibit 99.1 and incorporated by reference herein.

Item 9.01  Financial Statements and Exhibits

(c)  Exhibits

99.1 Press Release dated: June 23, 2005, issued by the AES Corporation.

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	THE AES CORPORATION
	(Registrant)
	By:	/s/ Vincent W. Mathis
		Name:	Vincent W. Mathis
		Title:	Assistant General Counsel
Date:  June 23, 2005

EX-99.1

Exhibit 99.1

The Global Power Company	NEWS RELEASE
	Media Contact: Robin Pence 703-682-6552
	Investor Inquiries: Scott Cunningham 703-682-6336

AES ANNOUNCES RETIREMENT OF CFO

PLANNED FOR YEAR END

ARLINGTON, Va., June, 23, 2005 – The AES Corporation (NYSE:AES) announced today that Barry Sharp will resign from his position as Executive Vice President and Chief Financial Officer by the end of this year.

Following his departure from AES, Mr. Sharp will continue to work with the company as a consultant and assist the new AES CFO during a transition period. AES has initiated a search for a successor for the Chief Financial Officer position.

Mr. Sharp has accepted a directorship position with Imagine Schools, a company that operates public charter schools in nine states and the District of Columbia.  Upon the appointment of a successor, but no later than year-end, he plans to join the education company as CFO.

Mr. Sharp joined AES in 1986 as Director of Finance and Administration and has served as CFO for the past 18 years.

“After nearly 20 years of dedicated service to AES, Barry has decided to move on to pursue his other interests.  Barry was instrumental in building AES into the global power company that it is today,” said Paul Hanrahan, AES President and CFO.  “He led the company through a difficult restructuring period and played a major role in restoring AES to the solid financial position it has today.  I am personally very grateful for his contributions and look forward to his continued involvement with the company.”

Mr. Sharp commented, “My decision to leave AES was difficult, but after almost 20 years with the company, I have decided that this is the right time to make a transition to a new set of challenges.  I have made this decision with the confidence that AES is on strong financial ground with an exceptional team of people.  Although I will not be leaving my current position until an orderly transition has been arranged, I wish to take this opportunity to express my sincere appreciation to all AES people for the tremendous experience of the last 20 years.  I look forward to continuing my relationship with AES in the future.”

About AES

AES is a leading global power company, with 2004 revenues of $9.5 billion. AES operates in 27 countries, generating 44,000 megawatts of electricity through 124 power facilities and delivers electricity through 15 distribution companies. Our 30,000 people are committed to operational excellence and meeting the world’s growing power needs. To learn more about AES, please visit www.aes.com or contact media relations at media@aes.com.

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