The most expensive home in Florida is this home on Tarpon Island in Palm Beach. It was recently purchased by the CEO of Stonepeak Partners.
Stonepeak is an infrastructure investment firm that in 2024 purchased half of the largest coastal offshore wind farm in the U.S., The Coastal Viriginia Offshore Wind Farm.
As the saying goes, follow the smart money. You don't need to be Nostradamus. It's probably a smart bet to stick on the side of Stonepeak.
I remain bullish on the long-term future of offshore wind, seeing two certainties.
Most of the world's surface is water (71%) and the ocean winds are the strongest winds.
Offshore wind is one the energy transition technologies with the greatest scale.