In May 2024, Hassan Allam Utilities signed a land access agreement with Infinity Power, and Masdar, for a 10 GW mega wind project with the Egyptian Government valued at over $10 billion. The agreement gives the companies access to a 3,025 km2 area, allowing them to conduct development studies to progress the project. The project will cut carbon emissions by 23.8 million tonnes a year—equivalent to 9% of Egypt’s current carbon footprint. In July 2024, Hassan Allam Utilities, bp, Masdar, and Infinity Power signed a joint development agreement to commence studies for a multi-phase green hydrogen project in Egypt.