FNX is founded and starts the conceptual design for liquefaction plants from scratch.
FNX’s current workshop and offices are inaugurated in Artea, Spain, strategically placed 30 km from the Port of Bilbao. The company begins its activities with strong engineering and manufacturing capabilities.
FNX manufactures its first modular liquefaction plant of 52 tonnes per day of LNG production while supporting multiple additional projects and technical office works.
In addition to supporting site works, as well as auxiliary system engineering and supply, FNX successfully installs an LNG plant in Pennsylvania (including power generators, well gas pretreatment and a liquefaction train).
Ara Partners, a leading private equity firm focused on industrial decarbonisation, encourages FNX to transform itself into an owner and operator of biomethane plants.