It is just a garden variety single phase 120/240 transformer that they add a second one to and trick motors into thinking it is 3 phase. Generally they don't use the 3d transformer to make a true delta. If they wanted to spend that much money you would get 3p wye. You see it in light industrial areas where most of the load is single phase on a big 1p transformer and a second only supplies the "red" leg for the 3p load. (actually identified orange) As long as you never put L/N loads on the 208v red leg it works fine.