It also operates a non-electrified 62 km (39 mi) long line, between Benidorm and Dénia, in Alicante province.

The company is owned by the Generalitat Valenciana (i.e. the autonomous government body of the Valencian Community).

FGV was founded as a company in 1986, and on 1 January 1987 took over all remaining narrow gauge railways in the Valencian Community.

The lines to the north and south of the city were connected by cross-town tunnels which were developed into the current metro system.

FGV also introduced the first modern tram in Spain, partly running on the alignment of narrow gauge railways.