IEnova reported unaudited earnings results for the first quarter of 2014. Adjusted EBITDA for the first-quarter 2014 was USD 83 million, up from USD 79 million in the same period of 2013, mainly due to higher natural gas and electricity prices. Profit for the first quarter of 2014 was USD 47 million, compared with USD 61 million for the first quarter of 2013.

First-quarter 2014 profit was impacted mainly due to higher income tax expense versus a benefit in the same period of 2013, partially offset by higher profit from natural gas sales and higher electricity prices.