You are correct. 27kV cannot connect to either side of a 480V:208V transformer. Perhaps there is an unmentioned 27kV to 480V transformer in the manhole.
Also, the deltas (triangle icon) and wyes (Y icon) are likely opposite what they need to be in this drawing. If you are trying to generate a 120/208V grid, you need a wye on the 208V side. Otherwise, you'd form a 208V ungrounded or corner-grounded delta grid. The deltas should be on the primary, and the Y's should be on the secondary.
What 1 MVA means is 1000 kVA, not 1000VA. M=Mega for million, and k=kilo for thousand.
The reason we say VA rather than Watts, is that current and voltage is not necessarily synchronized. Apparent power, i.e. the product of the RMS voltage and RMS current, is what governs the transformer size required, rather than real power (the time-average product of instantaneous voltage and instantaneous current)