Fransabank, IPT, and Phoenix Energy signed a Memorandum of Understanding to transform IPT stations into green and sustainable stations. Fransabank held a panel on the role of banks in financing energy projects in Lebanon, discussing sustainability issues. Fransabank's strategic Go Green initiative includes sustainable energy finance and implementation of projects like increasing energy efficiency at a steel factory, petrol station, and agricultural farm. The signing of the MoU aims to make IPT stations more environmentally friendly and use renewable energy technologies.