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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 2004 ). 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 . The 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. 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
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