<SUBMISSION>
<ACCESSION-NUMBER>0000950103-02-000941
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20020912
<ITEMS>5
<FILING-DATE>20020918
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>AES CORPORATION
<CIK>0000874761
<ASSIGNED-SIC>4991
<IRS-NUMBER>541163725
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>001-12291
<FILM-NUMBER>02766438
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>1001 N 19TH ST
<STREET2>STE 2000
<CITY>ARLINGTON
<STATE>VA
<ZIP>22209
<PHONE>7035221315
</BUSINESS-ADDRESS>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>sep1702_8k.htm
<TEXT>
<html>
<head>
<title>AES 8-K</title>
</head>
<body bgcolor="#FFFFFF" link=blue vlink=purple>
<font face="Times New Roman, Times, serif" size=4>
<br><br><br><br><br><br><br><br><br><br>
<HR size="4" noshade color="#000000" style="margin-top: -2px">
<HR size="1" noshade color="#000000" style="margin-top: -10px">
<br>
<br>
<p align=center>SECURITIES AND EXCHANGE COMMISSION<br>
  WASHINGTON, D.C.20549<br>
  <br>
  FORM 8-K<br>
  <br>
  CURRENT REPORT<br>
  PURSUANT TO SECTION 13 OR 15 (d) OF<br>
  THE SECURITIES EXCHANGE ACT OF 1934<br>
  <br>
  Date of Report (date of earliest event reported):<br>
  September 12, 2002<br>
  <br>
  THE AES CORPORATION<br>
  (exact name of registrant as specified in its charter)<br>
  <br>
<div align=center>
  <table width=90% border=0 cellspacing=0 cellpadding=0>
    <tr>
      <td width=260 valign=top  align=center>DELAWARE<br>
        (State of Incorporation)</td>
      <td width=260 valign=top align=center>333-15487<br>
        (Commission File No.)</td>
      <td width=260 valign=top align=center>54-1163725<br>
        (IRS Employer Identification No.)</td>
    </tr>
  </table>
</div>
<p align=center>1001 North 19th Street, Suite 2000<br>
  Arlington, Virginia 22209<br>
  (Address of principal executive offices, including zip code)</p>
<p align=center>Registrant&#146;s telephone number, including area code:<br>
  (703) 522-1315</p>
<p align=center>NOT APPLICABLE<br>
  (Former Name or Former Address, if changed since last report)</p>
<br>
<br>
<HR size="1" noshade color="#000000" style="margin-top: -2px">
<HR size="4" noshade color="#000000" style="margin-top: -10px">
<br><br><br><br><br><br><br><br><br><br><br>

<br clear=all>
<p><u>Item 5.</u> <u>Other Events</u></p>

<blockquote>
  <p><font face="Times New Roman, Times, serif" size=4>
                On September 12, 2002 subsidiaries of AES (AES Greystone , LLC and its subsidiary Haywood Power
                I, LLC) sold the Greystone gas-fired peaker assets currently under construction in Haywood
                County, Tennessee to Tenaska Power Equipment, LLC. for $36 million including cash and assumption
                of certain obligations.  With this sale, AES and its subsidiaries have eliminated any future
                capital expenditures related to the facility, and also settled all major outstanding obligations
                with parties involved in this project.  The decision to sell the assets under construction was
                due in part to the changed economic circumstances related to forward power prices as well as
                AES&#146;s effort to reduce capital spending.  AES will record an after tax charge of approximately
                $100 million associated with this sale, which will be classified as discontinued operations.

</font></p>
</blockquote>
<br>
<br>
<br>
<p align=center>&nbsp;</p>
<br clear=all>

<br><br><br><br><br><br><br><br><br><br>
<hr>
<p align=center>&nbsp;</p>

<div align=left>
<table width=740 cellpadding=0 cellspacing=0>
  <tr>
    <td colspan=5><div align="center"><b>SIGNATURES</b></div></td>
  </tr>
  <tr>
    <td colspan=2>&nbsp;</td>
    <td colspan=3>&nbsp;</td>
  </tr>
  <tr>
    <td colspan=5><font face="Times New Roman, Times, serif" size=4>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.</font></td>
  </tr>
  <tr>
    <td colspan=2>&nbsp;</td>
    <td colspan=3>&nbsp;</td>
  </tr>
  <tr>
    <td colspan=2>&nbsp;</td>
    <td colspan=3>&nbsp;</td>
  </tr>
  <tr>
    <td colspan=2>&nbsp;</td>
    <td colspan=3>THE AES CORPORATION</td>
  </tr>
  <tr>
    <td colspan=5>&nbsp;</td>
  </tr>
  <tr>
    <td width="418"><font face="Times New Roman, Times, serif" size=4>Date: September
      18, 2002</font></td>
    <td width="70">&nbsp;</td>
    <td width=37>By:</td>
    <td width=19>&nbsp;</td>
    <td width="294">/s/ Brian Miller</td>
  </tr>
  <tr>
    <td colspan=4>&nbsp;</td>
    <td><hr width=60% align=left size=1 noshade></td>
  </tr>
  <tr>
    <td colspan=4>&nbsp;</td>
    <td>Name: Brian Miller</td>
  </tr>
  <tr>
    <td colspan=4>&nbsp;</td>
    <td>Title: &nbsp;&nbsp;Corporate Secretary</td>
  </tr>
</table>
</DIV>
</body>
</html>

</TEXT>
</DOCUMENT>
</SUBMISSION>
