Gulf States Utilities

Gulf States Utilities

Gulf States Utilities (GSU) was an electric power generation and distribution company headquartered in Beaumont, Texas. The company was founded in 1911 as Eastern Texas Electric, a holding company for Stone & Webster. On August 25, 1925, Gulf States Utilities Company was incorporated in the state of Texas.

The company grew, and in 1979 moved its headquarters into the Edison Plaza office tower, which is still the tallest building in Beaumont (as of 2008). Its older headquarters, the Liberty Pearl building, which still houses a lot of its telecommunications equipment including the microwave radio systems, is still the second tallest. Also in the late 1970s, construction began on the River Bend Station nuclear power plant. Cost overruns on the nuclear plant and a downturn in the regional economy in the mid 1980s nearly drove GSU into bankruptcy. Former chief financial officer, Joseph L. Donnelly, has been credited with preventing the company from filing and ultimately was named its CEO.

GSU was absorbed by Entergy Corporation in 1993. At the time, GSU had 578,000 customers across southern Louisiana and East Texas. Edison Plaza is used by Entergy as a regional headquarters. Joe Domino, a well respected long time employee who started as an engineer and later served as Sabine Station plant (near Bridge City) manager, is currently Entergy, Texas president. The River Bend Station continued to be a thorn in the side of its new owners due to lawsuits by the project's investors and fines levied by the Nuclear Regulatory Commission over safety problems at the plant.

External links

*
* [http://www.dnr.state.la.us/sec/execdiv/techasmt/lep/electric1/003c.htm Louisiana Electric Utilities, Volume 1 - Gulf States Utilitites] (1994)


Wikimedia Foundation. 2010.

Look at other dictionaries:

  • United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …   Universalium

  • Uniforms of the United States Marine Corps — The Uniforms of the United States Marine Corps serve to distinguish Marines from members of other services. Among current uniforms in the United States Armed Forces, the Marines uniforms have been in service the longest. The Marine Dress Blue… …   Wikipedia

  • United States Marine Corps — USMC redirects here. For other uses, see United States Maritime Commission and University of St. Michael s College. United States Marine Corps United States M …   Wikipedia

  • Dependent States — ▪ 2009 Introduction Europe and the Atlantic.       For a list of populated Dependent States, see Table (Dependent States).       In May 2008 Ilulissat, Greenland, was the site of an international summit on Arctic sovereignty attended by official… …   Universalium

  • List of United States electric companies — This is a list of United States electric companies by state.*Alabama Alabama Power, PowerSouth Energy Cooperative, Inc., Wiregrass Electric Cooperative *Alaska Golden Valley Electric Association, Chugach Electric Association, Copper Valley… …   Wikipedia

  • List of United States Marine Corps acronyms and expressions — This is a list of acronyms, expressions, euphemisms, jargon, military slang, and sayings in common or formerly common use in the United States Marine Corps. Many of the words or phrases have varying levels of acceptance among different units or… …   Wikipedia

  • UNITED STATES OF AMERICA — UNITED STATES OF AMERICA, country in N. America. This article is arranged according to the following outline: introduction Colonial Era, 1654–1776 Early National Period, 1776–1820 German Jewish Period, 1820–1880 East European Jewish Period,… …   Encyclopedia of Judaism

  • United States Navy — USN redirects here. For other uses, see USN (disambiguation). United States Navy Un …   Wikipedia

  • List of United States railroads — See also: List of Canadian railways There are approximately 150,000 miles (240,000 km) of railroad track in the United States, nearly all standard gauge. The following is a partial list of United States railroads which currently operate there.… …   Wikipedia

  • Renewable energy in the United States — Brazos Wind Ranch in Texas. Presiden …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”