Euro zone debt woes won't impact GDF SUEZ SA's (GSZ.FR) EUR11 billion a year capital expenditure plans for 2011 through 2013, Chairman and chief executive of GDF SUEZ Gérard Mestrallet said Thursday.

The company is in a good position to meet its investment targets thanks to a strong balance sheet with EUR10 billion in cash and undrawn credit facilities. It has also been restructuring its corporate debt in the period between the 2008 crisis and now, Mestrallet said.