KKR's India InvIT buys FRV Solar assets in AP SECTIONS Share Synopsis India Grid Trust has signed a purchase agreement for acquisition of 100% in FRV Andhra Pradesh Solar Farm-I & FRV India Solar Park II – from FRV Solar Holdings, company said on Saturday. Getty Images India Grid Trust is in advanced discussions to acquire India portfolio of Fotowatio Renewable Ventures (FRV), ET first reported in September. Mumbai: India Grid Trust (IndiGrid), the KKR-owned first Infrastructure Investment Trust (InvIT) in the Indian power sector, has acquired India portfolio of Fotowatio Renewable Ventures (FRV), the Madrid-based developer, in a deal worth Rs.660 crore.