It looks like Tesla Motors and SolarCity are planning a merge as shareholders will vote on the action, on November 17. If the vote passes, of course, the proposed merger will bring together two leaders in the renewable energy industries—an electric vehicle maker and a solar energy systems installer.

The vote, in November, will be key to determining whether the proposed merger will get the necessary approvals from shareholders at each of the two companies.

You may recall that in an SEC filing, October 7, Tesla owner and CEO Elon Musk also indicated that the company is “currently planning to raise additional funds by the end of this year, including through potential equity or debt offerings, subject to market conditions and recognizing that Tesla cannot be certain that additional funds would be available to it on favorable terms or at all.”

However, Musk backtracked on that to say that neither of these two companies will have to raise equity or debt. Instead, he changed his statement to say that Tesla “may” raise funds in the future.

Then, in a blog post, Wednesday, Tesla commented, “Over the next few weeks, Tesla will share important updates regarding our strategic plan for the combined company.”

Prior to the vote, however (on Oct 28), the two companies plan to unveil a new solar roofing product which will already combine SolarCity’s solar panels with a second generation Tesla Powerwall 2.0 battery.

Tesla goes on to say that the roofing product “will show the kinds of products that the combined company will be able to create.”

In addition, Tesla also intimated plans to provide “additional financial information relating to its plan for the combined company.” In the blog post, Tesla adds, “These events will create a clear picture of how a combined Tesla and SolarCity will make solar and storage as compelling as electric vehicles – an achievement that would advance our mission of accelerating the world’s transition to sustainable energy.”

With all that in mind, SolarCity shareholders will receive 0.11 shares of Tesla for each SolarCity share they own, once the deal is complete. Based on Tesla’s closing price as of end of day on Tuesday–$200.10–each SolarCity share will be worth $22.10 per Tesla share. Thus, the value of the deal, overall, is between $2.2 billion to $2.45 billion, but that fluctuates along with the shifts in Tesla share price.