AES dismisses EY as auditor, appoints KPMG for 2026 audit

AES replaced auditor Ernst & Young with KPMG, effective once it files its Q2 2026 Form 10-Q.

EY was dismissed because it is expected to lose SEC independence following a pending merger transaction.

EY’s 2024 internal-control opinion was adverse, citing a material weakness tied to the AES Brasil disposition controls.

KPMG disclosed prior impermissible services by some network firms during 2026; those engagements were completed or terminated before appointment.