IEnova announced earnings results for the first quarter of 2016. For the quarter, the company reported EBITDA of $110 million, up 19% from $93 million in the first quarter of 2015. The company's net profit swelled 33% to $61 million, up from $46 million in the first quarter of 2015, an increase due partly to the sale of its 625MW Mexicali thermoelectric plant in February 2016.