Am I missing something? What is the "gallows" next to the lantern? Looks like there's a small floodlight at the end, directed towards the lantern. Or what on earth it is...?
If they really wanted to, it wouldn't be hard to run a new (name your voltage) feed in conduit and replace the fixture or stick a CFL in the remote ballast OV-25 but hopefully they'll keep things simple and just leave it MV.
Yeah, I think these have ballasts in the wall which might be why they remained MV. The rest of the lights at the yard (400w MV Flatbottom OV-25s) got replaced with 250w HPS Cooper OV-25s. Given that the TTC is putting up LED at a lot of their properties, I sure hope these guys don't get LED'd.