8-KItem 4.01 · Accountant ChangeItem 9.01 · Financial Statements
AES Dismisses EY and Appoints KPMG as Auditor Amid Pending Merger
Filed with the SEC on · Summarized by InvestorsBot
AES dismissed Ernst & Young on July 21, 2026, because EY will no longer be independent after the planned merger with Horizon Parent, jointly controlled by affiliates of Global Infrastructure Management and EQT Infrastructure VI; the change takes effect when AES files its second-quarter 2026 Form 10-Q. AES appointed KPMG as its 2026 auditor, noting a prior material weakness in controls over the 2024 AES Brasil disposition but no accounting disagreements with EY. KPMG disclosed that certain advisory and clerical services for foreign affiliates had been impermissible under SEC rules, but said they were completed or terminated and did not impair its independence.