The Iowa Economic Development Authority is considering a settlement this morning that calls for DuPont to repay $10.5 million in incentives after closing a cellulosic ethanol plant in Nevada. Last week, DuPont announced plans to sell the plant to Verbio North America, a subsidiary of Verbio Vereinigte BioEnergie AG, a German company. Verbio seeks $1.78 million in tax credits from the IEDA in return for a proposed investment of $35 million, which will be used for facilities to produce renewable natural gas made from corn stover. Verbio expects construction to begin in spring 2019, and commercial operations to begin in July 2020.